During the first seven trading days of February 2025 there has been a noticeable decrease in the number of six and seven figure block trades within the Dow. This includes AXP, BA, CAT, GS, HD, HON, MCD, MMM, SHW, TRV, and UNH. This decrease in volume can also be observed in the following chart as the S&P500 moves through a rising wedge. Either someone cut off a funding source(s) or Market Makers are waiting for something.
Note that this information is for educational purposes only and not a recommendation.
Stock chart courtesy of StockCharts.com.
