How would you classify DD? A chemical company is lack behind MTC. A energy company is lack behind CHV or MOB. A drug company that is far away from the performance of MRK or PFE. A Dow 30 stock in a bottom 5. Today is the first time that DD passed the $63 barrier since last summer. I hope that this time is for real.
I hope so too, but it doesn't look good. The stock price is up a little, but the volume is light. It will probably sink back like my other Dow stocks IP & CAT have done repeatedly in the face of a strong overall market. And if there is a correction - well I won't look. Go dregs of the Dow.