This is another price momentum driven strategy for Dow 30 stocks. The price momentum is based on a scoring system similar to FundX.
This strategy could result in a wide fluctuation but produces sometimes dramatic returns (also loss too). It could be used in the US equity asset investment.
The following is the list of the Dow 30 stocks used in this strategy. This strategy is subject to survival ship as the Dow 30 stocks were selected based on those on the day of March 20th. 2009.
"AA", "AXP", "BA", "BAC", "C", "CAT", "CVX", "DD", "DIS", "GE", "GM", "HD", "HPQ", "IBM", "INTC", "JNJ", "JPM", "KFT", "KO", "MCD", "MMM", "MRK", "MSFT", "PFE", "PG", "T", "UTX", "VZ", "WMT", "XOM"
A more robust strategy would be based on the historical components of the Dow Jones Industrial Index. See Wikipedia for more information.
See Also
See also:
1). Janet Brown: About FundX: http://www.fundx.com/AboutFundX.aspx or
FUNDX, RELAX, INCMX in http://fundxfunds.com/
Similar funds and strategies:
- Hennessy Focus 30 (HFTFX)
- Jegadeesh's Stock Momentum Strategy Dow 30.
- FundX Stock Upgrader.
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