Stock Market Today With IBD

Market Suffers Expectation Breaker; Nvidia, Freshpet, CyberArk In Focus

03 Sep 2024

Contributed by Lukas

The stock market rally sold off after the long holiday. The S&P 500, in a new power trend and on the cusp of a new high, retreated to its 21-day line....

S&P 500 Enters Power Trend; Broadcom, Comfort Systems, NextEra Energy In Focus

30 Aug 2024

Contributed by Lukas

The stock market rally finished a mixed week with the Nasdaq retreating but trying to regain a key level. The S&P 500 has entered a power trend, a bul...

Nasdaq Reverses Lower After Strong Start; ServiceNow, Wingstop, GE In Focus

29 Aug 2024

Contributed by Lukas

The Nasdaq composite reversed lower after rising 1.3% intraday. Despite the selling, breadth was positive on both exchanges: Less than 2 to 1 positive...

Sellers Hit Nasdaq Ahead Of Nvidia Results; Palantir, TDG, Evercore Hold Up

28 Aug 2024

Contributed by Lukas

The Nasdaq composite closed below its 50-day moving average, and the S&P 500 marked its first distribution day since the Aug. 13 follow-through day. D...

Stocks Await Nvidia Earnings; GE Vernova, Ardent Health Flash Buy Signals

27 Aug 2024

Contributed by Lukas

The major indexes had another quiet session as investors choose not to make any big new moves ahead of Nvidia earnings. Nvidia is setting up though. M...

Dow Jones Hits All-Time Highs; Sprouts, Netflix, MercadoLibre In Focus

26 Aug 2024

Contributed by Lukas

The Dow Jones industrial average hit a new all-time high intraday but the power didn’t last. The Dow and Russell 2000 fared the best but weakness in...

Powell’s Behind Us, What’s Next For Rally? Cava, Goldman Sachs, RCL In Focus

23 Aug 2024

Contributed by Lukas

Justin Nielsen and Alissa Coram walk through this week's technical action and stocks to watch in the Friday extended version of Stock Market Today. Le...

Tech Stocks Hit Ahead Of Powell Speech; ONON, PDD, DASH In Focus

22 Aug 2024

Contributed by Lukas

The Nasdaq came down to its 50-day moving average Thursday ahead of Jerome Powell’s speech Friday morning in Jackson Hole. Traders are still leaning...

Stocks Hold Firm After Fed Minutes; PRCT, Applovin, BIRK In Focus

21 Aug 2024

Contributed by Lukas

Breadth was solid again with winners beating losers on the Nasda by about 2 to 1. The ratio was nearly 3 to 1 positive on the NYSE. Annual nonfarm pay...

Market Takes A Break; Palo Alto Networks, Netflix, Meta Platforms In Focus

20 Aug 2024

Contributed by Lukas

The major indexes retreated modestly after several big gains, a well-deserved break after several strong gains. A pause also makes sense with Fed chie...

Gains Keep Piling On; Coupang, Spotify, Apple In Focus

19 Aug 2024

Contributed by Lukas

Indexes tacked on more gains to last week’s stellar returns. All 11 sectors of the S&P 500 were up and tech is back in the lead. Coupang cleared an ...

How This Week Changed Our Outlook; Ferrari, Costco, DaVita In Focus

16 Aug 2024

Contributed by Lukas

Mike Webster and Justin Nielsen walk through this week's technical action and stocks to watch in the Friday extended version of Stock Market Today. Le...

Market Rises Powerfully Again; Nvidia, Shake Shack, Tesla In Focus

15 Aug 2024

Contributed by Lukas

The major indexes rose powerfully, staging a subsequent follow-through day. The S&P 500 is clearly above the 50-day line with the Nasdaq topping that ...

Market Holds Follow-Through Day Gains; Ferrari, Allstate, Netflix Flash Buy Signals

14 Aug 2024

Contributed by Lukas

The major indexes held and slightly added to Tuesday’s follow-through day gains. The S&P 500 is testing its 50-day line. Ferrari and Allstate cleare...

Market Makes Bullish Move; Sea Limited, Samsara, Monolithic Power Flash Buy Signals

13 Aug 2024

Contributed by Lukas

The Nasdaq led a strong market session, with a tame PPI inflation report providing a catalyst. A number of leading stocks flashed buy signals. But the...

Wedging Action Ahead Of CPI; Nvidia, Vista Energy, Curtiss-Wright In Focus

12 Aug 2024

Contributed by Lukas

Indexes are trying to make progress but so far the positives haven’t been enough to counterbalance the negatives of last week. Nvidia had a strong d...

‘Setup Day’ Means Step In Right Direction; Cava, Costco, ONON In Focus

09 Aug 2024

Contributed by Lukas

Mike Webster and Alissa Coram walk through this week's technical action and stocks to watch in the Friday extended version of Stock Market Today. Lear...

Stocks Soar As Rally Attempt Strengthens; LLY, SN, CYBR In Focus

08 Aug 2024

Contributed by Lukas

Alissa Coram and Ken Shreve discuss technical action and stocks to watch in the stock market today. Learn more about your ad choices. Visit megaphone....

Stocks Fade After Strong Start; AXON, Halozyme, UTHR In Focus

07 Aug 2024

Contributed by Lukas

Alissa Coram and Ken Shreve discuss technical action and stocks to watch in the stock market today. Learn more about your ad choices. Visit megaphone....

Stocks Bounce; Palantir, Intuitive Surgical, Tenet Healthcare In Focus

06 Aug 2024

Contributed by Lukas

Ed Carson and Alissa Coram discuss technical action and stocks to watch in the stock market today. Learn more about your ad choices. Visit megaphone.f...

Stocks Plunge; NextEra Energy, Howmet Aerospace, PulteGroup In Focus

05 Aug 2024

Contributed by Lukas

Ed Carson and Alissa Coram discuss technical action and stocks to watch in the stock market today. Learn more about your ad choices. Visit megaphone.f...

Nasdaq Enters Correction After Market Breaks Expectations; CBOE, Ferrari, MercadoLibre In Focus

02 Aug 2024

Contributed by Lukas

Mike Webster and Alissa Coram walk through this week's technical action and stocks to watch in the Friday extended version of Stock Market Today. Lear...

Massive Selling Leaves Few Unscathed; AstraZeneca, NextEra, T-Mobile In Focus

01 Aug 2024

Contributed by Lukas

Selling accelerated in the market and few things were spared as the major indexes lost support at moving averages. It was an expectation breaker given...

Techs Lead On AI, Rate-Cut Optimism; Arista Networks, Dycom, TransDigm In Focus

31 Jul 2024

Contributed by Lukas

Stocks started off strong as tech earnings revived AI optimism, then added to gains as Fed chief Jerome Powell sees rate cuts starting as soon as Sept...

Nasdaq Skids Into Earnings, Fed; Spotify, Progressive, Texas Roadhouse In Focus

30 Jul 2024

Contributed by Lukas

The Dow Jones and Russell 2000 rose Tuesday while the Nasdaq tumbled heading into big tech earnings and the Fed decision. A strong start finished flat...

Gains Don’t Hold As Fed Meeting Looms; SharkNinja, Ollie’s, Birkenstock In Focus

29 Jul 2024

Contributed by Lukas

A strong start finished flat and there is plenty of reasons to be cautious this week. Between a Fed meeting, earnings reports, jobs reports, there mig...

A Tale Of Two Markets; 3M, GE Aerospace, ServiceNow in Focus

26 Jul 2024

Contributed by Lukas

Mike Webster and Justin Nielsen walk through this week's technical action and stocks to watch in the Friday extended version of Stock Market Today. Le...

Small Caps Jump, Techs Try To Halt Slide; Nvidia, ServiceNow, TechnipFMC In Focus

25 Jul 2024

Contributed by Lukas

The S&P 500 and Nasdaq came off Thursday’s lows, but later gave up intraday gains. Nvidia slashed early losses as it battles AI fatigue fears, but i...

Techs Lead Market Sell-Off; Tenet Healthcare, Fiserv, Microsoft In Focus

24 Jul 2024

Contributed by Lukas

The major indexes sold off, with the Nasdaq undercutting its 50-day line. Tesla and Google led the decline, with a slew of techs sliding in sympathy, ...

Small Caps Stand Out Amid Earnings Wave; GE, HCA Healthcare, Pentair In Buy Zones

23 Jul 2024

Contributed by Lukas

The major indexes edged lower Tuesday, while small caps had another strong gain. GE Aerospace, HCA Healthcare and Pentair flashed buy signals on earni...

Techs Come Roaring Back, But Watch This Midcap Building Play

22 Jul 2024

Contributed by Lukas

Justin Nielsen and David Saito-Chung walk through Monday's technical action and stocks to watch in Stock Market Today. Learn more about your ad choice...

Rough Week Ends On Sour Note; Wabtech, AppFolio, The Bancorp In Focus

19 Jul 2024

Contributed by Lukas

Justin Nielsen and Alissa Coram walk through this week's technical action and stocks to watch in the Friday extended version of Stock Market Today. Le...

Nasdaq Extends Losses In Broad-Based Sell-off; Blackstone, Vertex, Eldorado Gold In Focus

18 Jul 2024

Contributed by Lukas

An earnings sell-off for Domino’s Pizza fueled more selling in the restaurant group. Copper fell sharply resulting in a 4% drop for the Mining-Metal...

Nasdaq Falls Hard As Chip Stocks Weaken; Nvidia, Eli Lilly, Tenet Healthcare In Focus

17 Jul 2024

Contributed by Lukas

Chip stocks fell hard on reports the Biden administration is considering tougher export curbs to limit China’s access to advanced chip technology. B...

Small Caps, Dow Jones Continue To Lead; Toast, Uber, Woodward In Focus

16 Jul 2024

Contributed by Lukas

The market rally is continuing a near-ideal rotation. Megacaps are taking a much-need pause. Meanwhile, small caps, the Dow Jones and a slew of sector...

Rotation Still Finding A Footing; Diamondback, JPMorgan, CrowdStrike In Focus

15 Jul 2024

Contributed by Lukas

An assassination attempt on former president Trump boosted his election prospects and the market saw gains. The Dow Jones Industrial Average and Russe...

Massive Character Change Means Traders Should Do This; AppFolio, Generac, Booking Holdings In Focus

12 Jul 2024

Contributed by Lukas

Mike Webster and Alissa Coram walk through this week's technical action and stocks to watch in the Friday extended version of Stock Market Today. Lear...

Small Caps Jump, Techs Slump As Prices Cool; KBH, URBN, AAPL In Focus

11 Jul 2024

Contributed by Lukas

Consumer prices cooled in June which fueled more bond buying. The 10-year Treasury yield hit its lowest level since March and fell 8 basis points to a...

Nasdaq Makes It Seven Straight Ahead Of CPI Data; Newmont, ENSG, CYBR In Focus

10 Jul 2024

Contributed by Lukas

The Nasdaq composite jumped 1.2% and marked its sixth straight all-time closing high. But breadth was so-so, with winners beating losers by less than ...

Indexes Little Changed On Powell; Embraer, Diamondback Energy, Cava In Focus

09 Jul 2024

Contributed by Lukas

The S&P 500 and Nasdaq hit fresh high Tuesday morning, but key indexes closed little changed amid mixed action beneath the surface. Brazilian jet make...

Tight Action Helps Ease Extension; Carpenter Tech, Ollie’s, Chipotle In Focus

08 Jul 2024

Contributed by Lukas

With the Nasdaq composite’s run last week, a little consolidation of gains is just what the doctor ordered. Better yet, there are still stocks setti...

No Holiday For Nasdaq As It Hits New Highs; Meta, Amazon, CrowdStrike In Focus

05 Jul 2024

Contributed by Lukas

Mike Webster and Justin Nielsen walk through this week's technical action and stocks to watch in the Friday extended version of Stock Market Today. Le...

Nasdaq, S&P 500 Hit Highs; ASML, Tencent Music, Agnico-Eagle Mines In Focus

03 Jul 2024

Contributed by Lukas

The Nasdaq and S&P 500 hit fresh all-time highs as a weak ISM services reading hit Treasury yields and raised Fed rate cut hopes. The jobs report loom...

Nasdaq Leads Market; Weatherford, Goldman Sachs, Novo Nordisk In Focus

02 Jul 2024

Contributed by Lukas

The Nasdaq, buoyed by Tesla and most megacaps, moved toward record highs, slightly extended from the 50-day line, even as small caps remain below that...

Markets Hold After Friday’s Reversal; Meta, Ollie's, Synopsys In Focus

01 Jul 2024

Contributed by Lukas

With the downside reversal on Friday, you would expect weakness to follow. But the market indexes are still showing resilience and refuse to go down. ...

Nasdaq Reverses After Hitting 18,000; Uber, JPMorgan, Hilton In Focus

28 Jun 2024

Contributed by Lukas

Mike Webster and Alissa Coram walk through this week's technical action and stocks to watch in the Friday extended version of Stock Market Today. Lear...

Nasdaq Makes It Three Straight, Eyes 18,000; Meta, Monday.com, ServiceNow In Focus

27 Jun 2024

Contributed by Lukas

Winners had a slight edge over losers on both exchanges. Investors bought bonds, sending the 10-year yield lower by 3 basis points to 4.28% ahead of k...

Nasdaq Edges Higher, Small Caps Lag In Mixed Session; FedEx, AMZN, Arm Holdings In Focus

26 Jun 2024

Contributed by Lukas

Declining stocks had a slight edge over advancers on both exchanges. The Nasdaq’s advance/decline line has been on a downtrend for more than a month...

Market Shifts Back To Nasdaq; Meta Platforms, Novo Nordisk, MercadoLibre In Focus

25 Jun 2024

Contributed by Lukas

After a few days with the Dow and non-tech sectors leading while AI plays tumbled, the market shifted back to Nvidia and the Nasdaq. A one-day blip or...

Injured Players Don't Stop These Stocks; Sprouts, Hartford And Merck In Focus

24 Jun 2024

Contributed by Lukas

Even though some of the star players are coming down, there seem to be some understudies waiting in the wings. Sprouts Farmers Market got our “ants”...

What To Expect After A Downside Reversal; Nvidia, Alphabet And Spotify In Focus

21 Jun 2024

Contributed by Lukas

Is the party over or just moving locations? The downside reversal on Thursday is certainly affecting Nvidia as it continued to weaken, but other megac...

Nasdaq Snaps Seven-Session Win Streak; Kanzhun, Chubb, PLTR In Focus

20 Jun 2024

Contributed by Lukas

Losers had a slight edge over winners on both exchanges. The S&P 500 turned lower after poking above the 5,500 level, while blue chips finally enjoyed...

Stocks Hold Near Highs; ELF Beauty, Goldman Sachs, Granite Construction In Focus

18 Jun 2024

Contributed by Lukas

The stock market had a relatively quiet pre-holiday session, with the S&P 500 and Nasdaq holding around record highs. The latter is somewhat extended,...

Bulls Charge Ahead, But Pullback Risk Elevates; On Holding, GE, Carvana In Focus

17 Jun 2024

Contributed by Lukas

The Nasdaq led a solid advance on Monday, with the 18,000 level looking like a magnet to the upside. But the faster the market rises, the harder it ma...

‘Picture Perfect’ Market Action Means Active Traders Should Do This; Netflix, Spotify, Deckers Outdoor Corporation In Focus

14 Jun 2024

Contributed by Lukas

Mike Webster and Alissa Coram walk through this week’s technical action and stocks to watch in the Friday extended version of Stock Market Today. Le...

Stocks Show Mixed Action; Chipotle, Universal Health, GE Aerospace In Focus

13 Jun 2024

Contributed by Lukas

The Nasdaq hit another all-time best thanks to a few big caps, and is starting to look extended. The S&P 500 set a closing high. But the Dow and Russe...

S&P 500 Rises On CPI Despite Hawkish Fed; Booking, Fair Isaac, KB Home Moving

12 Jun 2024

Contributed by Lukas

The S&P 500 and Nasdaq hit fresh record highs while small caps jumped, fueled by a tame CPI report before the open. Stocks largely held their gains de...

Apple Drives Nasdaq To New High; Arista Networks, Lam Research Also In Focus

11 Jun 2024

Contributed by Lukas

Stocks closed mixed but near session highs. Apple surged out of a base, driving the Nasdaq to a record high. Arista Networks flashed a buy signal whil...

Stocks Hold Strong Ahead Of Fed Meeting, Inflation Data; GM, BIRK, GMED In Focus

10 Jun 2024

Contributed by Lukas

Winners were evenly split with losers on both exchanges as the Nasdaq composite and S&P 500 trade tightly near highs. The 10-year Treasury yield ralli...

This Shows Why The Bull Market Has More Room To Run; CrowdStrike, DKS, Viking In Focus

07 Jun 2024

Contributed by Lukas

Mike Webster and Alissa Coram walk through this week’s technical action and stocks to watch in the Friday extended version of Stock Market Today. Le...

Stocks Dip Ahead Of Pivotal Jobs Report; Pinterest, WPM, Coinbase In Focus

06 Jun 2024

Contributed by Lukas

Decliners beat advancers by less than 2-to-1 on both exchanges as gold stocks outperformed. Data center stocks like Vertiv and Modine Manufacturing fe...

Nasdaq, S&P 500 Jump To Record Highs; CrowdStrike, ASML, Oscar Health In Focus

05 Jun 2024

Contributed by Lukas

The ADP employment came in weaker than expected, raising expectations that the first Federal Reserve rate cut will come at the September meeting. Frid...

Major Indexes Firm As Small Caps Slump; Spotify, GE Aerospace, Novo Nordisk In Focus

04 Jun 2024

Contributed by Lukas

The major indexes were firm Tuesday, with the Nasdaq and S&P 500 near record highs. But market breadth was weak, with small caps falling back below th...

Glitches, Elections And Poaching, Oh My! Domino’s, Regeneron, Coherent In Focus

03 Jun 2024

Contributed by Lukas

There was a lot to talk about in the market after Friday’s reversal. The NYSE had some glitches that led to some wrong prices in Warren Buffet’s B...

Power Trend’s First Real Test A Success; Logitech, Vertex, MercadoLibre In Focus

31 May 2024

Contributed by Lukas

Mike Webster and Alissa Coram walk through this week’s technical action and stocks to watch in the Friday extended version of Stock Market Today.  ...

Stocks Pressured Ahead Of Inflation Report; Chubb, ISRG, UHS In Focus

30 May 2024

Contributed by Lukas

The 10-year Treasury yield took a breather after two days of sharp gains. Despite losses for the major stock indexes, breadth was slightly positive on...

Nasdaq Pulls Back In Orderly Fashion; Cava, Dutch Bros, Robinhood In Focus

29 May 2024

Contributed by Lukas

The Nasdaq pared losses while the S&P 500 traded in a tight range and closed comfortably above its 21-day line. Losers beat winners on the NYSE by mor...

Nasdaq Hits 17,000 But Rally Narrows; Arm Holdings, Wingstop, Celsius In Focus

28 May 2024

Contributed by Lukas

The Nasdaq briefly topped 17,000 as Nvidia continues to run higher, but market breadth was weak, with the Dow Jones undercutting its 50-day line. Arm ...

Positive Expectation Breaker After Downside Reversal; Deckers, Nvidia, Netflix In Focus

24 May 2024

Contributed by Lukas

After a bearish reversal in Thursday’s session, the stock market bucked the weakness and delivered a positive expectation breaker. How bullish shoul...

Nasdaq Reverses Lower After Strong Start; NVO, CROX, RYAN In Focus

23 May 2024

Contributed by Lukas

The 10-year Treasury rose above some key levels after the flash Composite Purchasing Manager’s Index (PMI) came in stronger than expected. Nvidia fa...

Stocks Step Back After Fed Minutes; Loar, Monday,com, VRTX In Focus

22 May 2024

Contributed by Lukas

The 10-year Treasury yield rallied a bit after the minutes from the May 1 Fed meeting were released. Just after the close, the yield was trading aroun...

Market Awaits Nvidia Earnings; Eli Lilly, Microsoft, Ares Management In Focus

21 May 2024

Contributed by Lukas

The major indexes had another quiet session, as investors await Nvidia earnings. But leading stocks continue to fare well. Eli Lilly broke out while M...

Power Trend Starts, Stocks Comply; AppLovin, Monolithic Power, Booking In Focus

20 May 2024

Contributed by Lukas

As a power trend starts, many stocks are giving second chances at buy areas. AppLovin held tight after earnings and has a look that can be found among...

Why A Powerful Trend Is Just Getting Started; Nvidia, CrowdStrike, GDX In Focus

17 May 2024

Contributed by Lukas

As Nvidia earnings loom large next week, the stock market is on the verge of delivering a powerful signal. Mike Webster and Alissa Coram walk through ...

Stocks Hold Firm As Dow Crosses 40,000; FSLR, HIG, MELI In Focus

16 May 2024

Contributed by Lukas

The Dow Jones industrial average briefly crossed the 40,000 level but backed off highs by the close along with the Nasdaq and S&P 500. Decliners beat ...

Stocks Soar On Tame Consumer Prices; Lennar, Azek, Broadcom In Focus

15 May 2024

Contributed by Lukas

Weaker-than-expected retail sales and a palatable reading on consumer prices fueled a fresh round of buying. The 10-year Treasury yield and U.S. dolla...

Nasdaq Nears Record High; On Holding, Embraer, CrowdStrike In Focus

14 May 2024

Contributed by Lukas

The Nasdaq is nearing a record high, while leading stocks continue to act well. On Holding gapped out of a base on strong earnings. Embraer raced back...

Why Flat Action Is A Good Thing; Pure Storage, Costco, PulteGroup In Focus

13 May 2024

Contributed by Lukas

Indexes were mostly flat on Monday and after a strong showing last week, that’s constructive. We still have stocks setting up including Pure Storage...

Why Now Is The Time To Take A Bullish Stance; Arista Networks, Taiwan Semi, FICO In Focus

10 May 2024

Contributed by Lukas

As the market starts to trend above a key level, now is the time to take a more bullish stance. Mike Webster and Alissa Coram walk through this week’...

Indexes Close In On All-Time Highs; Celsius, Manulife, WSM In Focus

09 May 2024

Contributed by Lukas

The Dow Jones extended its winning streak to seven sessions. The 10-year Treasury yield eased 3 basis points to around 4.45% after jobless claims came...

Dow Jones Makes It Six Straight; TSMC, Aerovironment, Jefferies In Focus

08 May 2024

Contributed by Lukas

Small caps were under pressure all day, but the Nasdaq composite and S&P 500 pared early losses. Decliners beat advancers by less than 2-to-1 on both ...

Stocks Pause After Recent Run; Star Bulk Carriers, Ares Management, Embraer In Focus

07 May 2024

Contributed by Lukas

The major indexes paused Tuesday after a trio of solid gains. A number of stocks still flashed buy signals, often on earnings, though there were big l...

Market Indexes Clear Another Hurdle; Tradeweb, NetApp, Quanta In Focus

06 May 2024

Contributed by Lukas

 Remember that sharp break in the market indexes last month? Seems that the market is putting that worrisome week in the rearview mirror as it hurdle...

Nasdaq Retakes 16,000 With Gusto; CEG, Skechers, Apple In Focus

03 May 2024

Contributed by Lukas

With Friday’s jobs report reigniting rate-cut hopes, along with positive reactions to earnings from Apple and Amgen, the Nasdaq composite decidedly ...

Nasdaq Soars Ahead Of Jobs Report; Qualcomm, ResMed, FTI In Focus

02 May 2024

Contributed by Lukas

Winners beat losers on the Nasdaq by more than 2-to-1. The ratio was around 4-to-1 positive on the NYSE. The 10-year Treasury yield popped early but r...

Stocks Swing Wildly After Fed Statement; Pinterest, BAH, AVAV In Focus

01 May 2024

Contributed by Lukas

The market initially breathed a sigh of relief that it didn’t get a hawkish statement from Fed Chairman Powell. He acknowledged that inflation is st...

Indexes Skid Ahead Of Fed; Eli Lilly, Modine, Constellation Energy In Focus

30 Apr 2024

Contributed by Lukas

The S&P 500 and Nasdaq pulled back from their 50-day lines to undercut their 21-day lines, awaiting the latest Fed meeting and other big news. Eli Lil...

Indexes At Inflection Point; Carrier Global, United Rentals, Howmet In Focus

29 Apr 2024

Contributed by Lukas

While it’s nice to see indexes on the upswing, there’s more work to be done. Specifically, the 50-day line is looming for indexes and could be a p...

Stocks Snap Back After Last Week’s Bad Break; Nvidia, ALAB, Cava In Focus

26 Apr 2024

Contributed by Lukas

After last week’s bad break, Alphabet is trying to help the market get its mojo back. As stocks snapped back on Friday, Nvidia, Astera Labs and Cava...

Stocks Recover After Sell-Off; Southern Copper, Sweetgreen, OWL In Focus

25 Apr 2024

Contributed by Lukas

The first estimate to Q1 GDP came in at 1.6%, well below the 2.3% consensus. Core inflation on a year-over-year basis also came in above expectations,...

Nasdaq Fades After Strong Start; Hubbell, Ingersoll Rand, NTRA In Focus

24 Apr 2024

Contributed by Lukas

Breadth was weak all day even when the Nasdaq was near session highs. The 10-year yield rose near its high for the year, up 5 basis points to 4.65%. A...

Indexes Rise Again, But Wait For More. TransDigm, Neurocrine, Chipotle In Focus.

23 Apr 2024

Contributed by Lukas

The indexes rose solidly for a second straight session, but don’t get excited yet by the nascent rally attempt, especially with earnings season kick...

Indexes Up But Does Anything Change? Church & Dwight, Alphabet, Heico In Focus

22 Apr 2024

Contributed by Lukas

 Indexes faded into the close but still ended with solid gains. But don’t be tempted. One day isn’t enough to change a trend. Still it’s worth ...

Bull Market Precedent Breaks Wide Open; Nvidia, SMCI Plunge

19 Apr 2024

Contributed by Lukas

The major indexes suffered significant losses Friday, with the S&P 500 breaking below the key 5,000 level. Last Friday was an expectation breaker, sig...

Stocks Fade Early Gains; Embraer, Quanta Services, TXRH In Focus

18 Apr 2024

Contributed by Lukas

The Nasdaq composite and S&P 500 extended their losing streaks to five sessions after early gains faded. The Nasdaq held up relatively well despite an...

Stocks Fall But S&P 500 Holds Key Level; Eli Lilly, Itron, GOOGL In Focus

17 Apr 2024

Contributed by Lukas

The 10-year Treasury yield dropped 7 basis points to around 4.59%, but sellers still hit growth stocks hard. Oil fell 3% to around $82.75 a barrel. El...

Indexes Hold Below Key Levels; Sea Limited, DraftKings, Datadog Act Well

16 Apr 2024

Contributed by Lukas

The major indexes held their ground despite comments from Fed chief Jerome Powell, but remain below their 50-day moving averages. Some leading stocks ...

Morning Gap Up Doesn’t Last; Atkore, Casey’s, HealthEquity In Focus

15 Apr 2024

Contributed by Lukas

The back-and-forth between Iran and Israel is still putting some pressure on stocks and raising volatility. An early morning gap up faded and then som...

Market Breaks Expectations; Coupang, Nvidia, Arista Provide Lessons

12 Apr 2024

Contributed by Lukas

Thursday looked promising, but now we need to readjust our expectations. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tech Stocks Jump On Tame PPI Data; AVGO, ASML, ABNB In Focus

11 Apr 2024

Contributed by Lukas

Breadth was lackluster again, along with volume, but leading stocks continue to act well. Winners had a slight edge over losers on both exchanges. In ...