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Actionable news in XIV: VELOCITYSHARES DAILY INVERSE VIX SHORT TERM ETN,

Dow 20K? These stocks could get us there

Dow 18K is officially back on the horizon as the index has rallied to within 3 percent of its all-time high. But while Wall Street eyes that as the next important level, some traders are looking at what stocks could take the index into uncharted territory: Dow 20K.

David Seaburg told CNBC's "Trading Nation" that, broadly speaking, in order to reach that lofty level, the winners need to keep winning and the losers need to pick up steam.

"For the Dow to significantly move higher, underperformers need catch up," the head of sales trading for Cowen and Co. said Thursday. Since the Dow is a price-weighted index, stocks with high nominal share prices carry more weight than lower-priced stocks, even if...


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