Emini Dow
The Emini Dow consists of 30 stocks, representing the companies considered leaders in their respective industries. DJIA stocks are widely held by individual and institutional investors alike. The 30 Dow stocks represent about a quarter of the value of all the stocks traded on the New York Stock Exchange, and about a fifth of the market value of all U.S. stocks.
The smaller contract size is easily accesible and can be traded for around $500 per contract through some brokers. It is Electronically traded and very reliable trading around the clock except for Saturdays and 15 minutes a day to reconcile accounts from 4:15 to 4:30.
The Emini Dow, called the YM, moves in 1 dollar increments called ticks. Each of these increments is worth $5.00. On average the ym moves $140.00 a day, a total of 140 ticks in one direction. What is interesting is the path it takes, up and down during the day which creates opportunity to take profits.
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