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2021-10-13

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Can Goldman Sachs, Microsoft and Others Save the Dow?

The Dow Jones Industrial Average hasn’t done too bad lately, with the index about flat over the past

Can Goldman Sachs, Microsoft and Others Save the Dow?

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The S&amp;P 500 hasoutperformed all of them,up 16.5% in 2021.</p>\n<p>When I look at the technicals though, there are clear issues standing out on the Dow Jones Industrial Average.</p>\n<p>As we enter mid-October, it’s clear that we may be in a make-or-break situation for the index.</p>\n<p>JPMorgan&nbsp;(<b>JPM</b>)&nbsp;will&nbsp;kick off earnings in a few days. Goldman Sachs&nbsp;(<b>GS</b>)&nbsp;will follow shortly after on Oct. 15. The banks make up the No. 15 and No. 2 weightings in the Dow, respectively.</p>\n<p>For what it’s worth, Microsoft&nbsp;(<b>MSFT</b>)&nbsp;sits up at No. 4, while Apple&nbsp;(<b>AAPL</b>)&nbsp;is the 20th largest weighting in the 30-stock index.</p>\n<p>Can earnings from these handful of stocks save the Dow or is more selling pressure underway?</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can Goldman Sachs, Microsoft and Others Save the Dow?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCan Goldman Sachs, Microsoft and Others Save the Dow?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-12 14:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/trading-the-dow-jones-industrial-average-earnings?puc=yahoo&cm_ven=YAHOO><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Dow Jones Industrial Average hasn’t done too bad lately, with the index about flat over the past month.\nYear-to-date, it’s done about as well as the other major indices, up roughly 13% just like ...</p>\n\n<a href=\"https://www.thestreet.com/investing/trading-the-dow-jones-industrial-average-earnings?puc=yahoo&cm_ven=YAHOO\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","MSFT":"微软","GS":"高盛"},"source_url":"https://www.thestreet.com/investing/trading-the-dow-jones-industrial-average-earnings?puc=yahoo&cm_ven=YAHOO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109241825","content_text":"The Dow Jones Industrial Average hasn’t done too bad lately, with the index about flat over the past month.\nYear-to-date, it’s done about as well as the other major indices, up roughly 13% just like the Russell 2000 and the Nasdaq. The S&P 500 hasoutperformed all of them,up 16.5% in 2021.\nWhen I look at the technicals though, there are clear issues standing out on the Dow Jones Industrial Average.\nAs we enter mid-October, it’s clear that we may be in a make-or-break situation for the index.\nJPMorgan (JPM) will kick off earnings in a few days. Goldman Sachs (GS) will follow shortly after on Oct. 15. The banks make up the No. 15 and No. 2 weightings in the Dow, respectively.\nFor what it’s worth, Microsoft (MSFT) sits up at No. 4, while Apple (AAPL) is the 20th largest weighting in the 30-stock index.\nCan earnings from these handful of stocks save the Dow or is more selling pressure underway?","news_type":1,"symbols_score_info":{".DJI":0.9,"GS":0.9,"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":1801,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":11,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}