The Dow Jones includes thirty heavily industrial corporations, predominantly from the United States. Political events play a major effect on this index and binary options traders of the Dow Jones keep a keen eye on Washington.
Charles Dow, co-founder of the Dow Jones, and Wall Street Journal Editor, established the Dow Jones in 1896. It is generally considered a good yardstick of how the US economy is doing and is an extremely popular trading indices for binary options traders.
The Companies Listed on the DOW Jones Industrial Average are:
3M Co (MMM), Alcoa Inc (AA), American Express Co (AXP), AT&T Inc (T), Bank of America Corp (BAC), Boeing Co (BA), Caterpillar Inc (CAT), Chevron Corp (CVX), Cisco Systems Inc (CSCO), E.I. du Pont de Nemours and Co (DD), Exxon Mobil Corp (XOM), General Electric Co (GE), Hewlett-Packard Co (HPQ), Home Depot Inc (HD), Intel Corp (INTC), International Business Machines Inc (IBM), Johnson & Johnson (JNJ), JP Morgan Chase and Co (JPM), McDonald’s Corp (MCD), Merck and Co Inc (MRK), Microsoft Corp (MSFT), Pfizer Inc (PFE), Proctor & Gamble Co (PG), Te Coca-Cola Co (KO), Travelers Companies Inc (TRV), United Technologies Corp (UTX), United Health Group Inc (UNH), Verizon Communications Inc (VZ), Wal-Mart Stores Inc (WMT) and Walt Disney Co (DIS).
Binary options traders use political and economic reports and news to predict the movement of the Dow Jones. Employment figures, GDP, Debt Talks in Washington and any other major event can shift the price of the Dow Jones. By understanding the strength of the charting trends, and the impact these releases have, the savvy binary options investor can make consistently good put, call, boundary and touch/no touch trades.
The Dow Jones is an excellent place for beginner traders in binary options to enter the fray and begin using their research to generate the high payouts available.