The Dow Jones Industrial Average has gone through a brutal stretch of trading over the last two weeks.  If the index closes lower today — and it’s certainly looking like a pretty good bet — it will be the 7th consecutive down day for the index and its 12th decline over the last 14 trading days.

Below is a look at the members of the index that are sending this market lower.  With the Dow currently more than 2 standard deviations below its 50-day moving average, you wouldn’t think that there would be any index members in overbought territory.  But there are actually six — Home Depot (HD), Coca-Cola (KO), Nike (NKE), McDonald’s (MCD), Travelers (TRV) and Visa (V).   These names have managed to buck the recent trend.

There are 16 stocks in the Dow 30 currently oversold.  Apple (AAPL), American Express (AXP), IBM, 3M (MMM), Procter & Gamble (PG) and Exxon Mobil (XOM) are the most oversold — all trading more than 2 standard deviations below their 50-days.  The big name that got crushed this week was Disney (DIS), which fell sharply into oversold territory after trading overbought a week ago.  Even with this week’s decline, though, DIS remains the third best performer in the index year to date.  UNH and NKE are now holding onto the #1 and #2 spots.

CVX, DD, AXP and INTC are the biggest losers in the Dow on the year.

For a closer look at this market and its internals, be sure to check out our Bespoke Report newsletter due out later today.  It’s packed with a plethora of actionable ideas and advice.  Start a 5-day free Premium trial today to receive it in your inbox this evening.


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