[CFD Feature 7] CFD Popular Stocks 4th NY Dow Jones Industrial Average of 30 Representative U.S. Companies [Tomotaro Tajima]

Profile of the specialist who explains, Tomotaro Tajima

Economic analyst. CEO of Alfinaunts. Having worked at Mitsubishi UFJ Morgan Stanley Securities, he shifted to analysis and research covering finance, economics, strategic corporate management, and personal asset formation and fund management. He also serves as a speaker at private sector and financial institution–hosted lectures and training, writes columns in various media, and appears on radio.

Twitter：https://twitter.com/economitomo

Has recovered about 60% of the drop

First, we asked Tajima-san about the current state of the Dow Jones.

“The coronavirus shock caused a sharp decline, with the March low briefly dropping about 38% from February’s high. However, bold and swift economic measures by U.S. authorities and the reopening of economic activity gradually restored values, recovering about six-tenths of the March decline by late May.”

Regarding trading advice, he noted, “Because the number of stocks is narrowed, individual stock daily moves can sway prices easily, and high-priced stocks like Apple tend to influence movement. Still, since these are representative top-quality stocks across industries, overall market trends tend to reflect the general economy. Also, using the NY Dow futures traded outside regular hours as a reference for investment decisions can be a useful tactic.”