Daily Engrbytrade™ Dow calculations and big block trading activity between May 31, 2023 and July 5, 2023 indicate several of the most active Dow stocks are exhibiting a unique trading pattern in large blocks over 1 million shares. This pattern is similar to what occurred between October 19, 2021 and November 22, 2021. Activity of this nature is typically expected when Market Makers distribute big blocks to large investors or institutions prior to a decline.
Stock charts courtesy of StockCharts.com.
