Stock Market Today With IBD
Episodes
Nasdaq Leads Retreat To Start 2024; Celsius Eli Lilly, Microsoft In Focus
02 Jan 2024
Contributed by Lukas
The major indexes started the year with losses, especially the Nasdaq, as chips, software and tech megacaps retreated. But market breadth wasn’t too...
Nasdaq Caps Best Year Since 2003; Nvidia, MercadoLibre, Celsius Setting Up
29 Dec 2023
Contributed by Lukas
The major indexes closed out the year with their ninth straight weekly gains, capping the Nasdaq’s best year since 2003. Some more buying opportunit...
Small Caps Lag In Mixed Session; FRSH, PATH, PDD In Focus
28 Dec 2023
Contributed by Lukas
The Russell 2000 halted a four-session win streak, but the small-cap index is still on pace for its 7th straight weekly gain. The Nasdaq and S&P 500 a...
Small Caps Lead Quiet Session; Tesla, Vertex, Birkenstock In Focus
27 Dec 2023
Contributed by Lukas
Stocks traded near the flatline for most of Wednesday’s session, with advancers having a slight edge over decliners on both exchanges. With only two...
Stocks Continue To Move Higher; AppLovin, CBOE Global Markets, Netflix In Focus
26 Dec 2023
Contributed by Lukas
Stocks continued to advance following the Christmas holiday weekend. The S&P 500 is near all-time highs, but there are reasons to be cautious about ne...
Stocks Extend Weekly Win Streak; Nvidia, Samsara, Tenaris In Focus
22 Dec 2023
Contributed by Lukas
After Wednesday’s sell-off turned out to be a jump scare vs. a horror show, the major indexes rebounded for their eighth straight weekly gains. The ...
Stocks Rebound After Sell-Off; Carnival, Zillow, Freeport-McMoRan In Focus
21 Dec 2023
Contributed by Lukas
Stocks rallied back in light volume after higher-volume declines for the Nasdaq and S&P 500 Wednesday. Carnival moved well after reporting strong earn...
Stocks Reverse Lower; Google, Old Dominion, MongoDB In Focus
20 Dec 2023
Contributed by Lukas
The stock market reversed lower, with the Dow Jones and Nasdaq snapping nine-session win streaks. A pullback wasn’t a surprise. Google broke out Wed...
Rally Continues To Head Higher; Weatherford, Saia, Super Micro In Focus
19 Dec 2023
Contributed by Lukas
The stock market continued to move higher in a broad advance with the S&P 500 nearing all-time highs. Many leading stocks as well as the Nasdaq are in...
FANG Stocks Strike Back As Megacaps Lead. Meta, Amazon, Netflix In Focus
18 Dec 2023
Contributed by Lukas
Indexes started the week with the megacap companies back in favor. Call them the FANG stocks or Magnificent 7, but that’s where a lot of the strengt...
Market Rally Caps Powerful Week; Steel Dynamics, Tesla, Monday.com In Focus
15 Dec 2023
Contributed by Lukas
The market capped a powerful, broad advance for the week as the Fed shifted toward rate cuts. Many leaders and perhaps the Nasdaq are getting extended...
Small Caps Soar Again Post-Fed; American Express, FLS, DDOG In Focus
14 Dec 2023
Contributed by Lukas
Small caps shot higher again, but the major stock indexes couldn’t hold early gains. But there was plenty of strength below the surface again. Insid...
Dow Hits Record High On Fed Rate Cut Bets; Vertex, Eli Lilly, Samsara In Focus
13 Dec 2023
Contributed by Lukas
The Dow Jones hit a record high with the S&P 500 and Nasdaq decisively cleared recent ranges and July peaks, fueled by the Fed signaling three rate cu...
Nasdaq Hits 2023 High; Amazon, Netflix, Freshworks Rise Off Key Support
12 Dec 2023
Contributed by Lukas
The Nasdaq hit a 2023 high, following the S&P 500. Neither has moved decisively past a recent range yet, with the Fed meeting decision on tap. A numbe...
Megacaps Hit But Not All Stocks; Applied Materials, Copart, Snowflake In Focus
11 Dec 2023
Contributed by Lukas
The megacaps were down but strength was found elsewhere including chips and industrials. Copart broke a downtrend getting support at the top of a flat...
S&P 500 Hits 2023 High; Arm Holdings, Microsoft, Crispr Therapeutics In Focus
08 Dec 2023
Contributed by Lukas
Friday’s jobs report and tumbling inflation expectations helped push the S&P 500 to a 2023 high, with the Nasdaq almost there, suggesting the market...
Markets Take Back Wednesday’s Fade; AMD, Alphabet, Booking.com In Focus
07 Dec 2023
Contributed by Lukas
Weekly jobless claims came in as expected as the market fought to win back its gains lost from Wednesday. AMD was featured on the show yesterday and i...
Stocks Fade After Strong Start; Ollie’s Bargain Outlet, AMD, TREX In Focus
06 Dec 2023
Contributed by Lukas
The stock market initially cheered a soft ADP employment report, but sellers knocked indexes well off highs by the close. Investors bought bonds again...
Megacaps Bounce Back As Small Caps Lag; Apple, Amazon, Nvidia In Focus
05 Dec 2023
Contributed by Lukas
The major indexes were narrowly mixed Tuesday even with Treasury yields tumbling on weak job openings data. Apple broke out while Amazon bounced back ...
Megacaps Take A Break, Time For Rotation? Uber, Booz Allen, TopBuild In Focus
04 Dec 2023
Contributed by Lukas
The Nasdaq finished off its lows as 14,000 remains a level to watch as well as the 21-day line. But small caps were unfazed by the Nasdaq’s woes. A ...
Small Caps Led Broad Advance; Arm Holdings, United Rentals, D.R. Horton In Focus
01 Dec 2023
Contributed by Lukas
The Dow Jones hit a fresh 52-week high Friday with the S&P 500 and Nasdaq close behind. But Friday’s big winner was the Russell 2000, blasting above...
Tech Stocks Pause After Bullish Run; IR, SNOW, CW In Focus
30 Nov 2023
Contributed by Lukas
Bond yields rose as health care, industrial and financial stocks outperformed. Among the Magnificent 7 stocks. Nvidia, Alphabet and Tesla lagged. Inge...
Indexes Fade Early Gains; WDAY, DT, NET In Focus
29 Nov 2023
Contributed by Lukas
Software stocks outperformed, helped by strong earnings reports from Workday and CrowdStrike. Breadth was about 2-to-1 positive on the NYSE and slight...
Indexes Hold Near Highs: Tesla, Palantir, Marriott In Focus
28 Nov 2023
Contributed by Lukas
The major indexes continued to move sideways, with Treasury yields continuing to slide. Tesla reclaimed a key level, nearing a buy point ahead of the ...
Quiet Day For Indexes But Not These Stocks: Carpenter Tech, Amazon, Elf Beauty
27 Nov 2023
Contributed by Lukas
The pause in the general market indexes continued but that wasn’t true of these stocks. Carpenter Technology flew past a cup-with-handle buy point a...
Stocks Up Modestly In Holiday Week; Novo Nordisk, Taiwan Semi, First Citizens In Focus
24 Nov 2023
Contributed by Lukas
The major indexes had a quiet, half-day session after Thanksgiving, but finished with modest weekly gains, extending the strong gains this month. Novo...
Stocks Extend Gains Ahead Of Thanksgiving; AMD, Arm Holdings, FIX In Focus
22 Nov 2023
Contributed by Lukas
Stock indexes closed moderately higher. Nvidia ‘sold the news’ after earnings, but the stock held up relatively well after another bullish quarter...
Market Pulls Back; Booking Holdings, Carpenter Technology, Miniso In Focus
21 Nov 2023
Contributed by Lukas
The major indexes retreated Tuesday, with investors cautious heading into Nvidia earnings. The rally still looks healthy, though many leading stocks a...
Power Trend Starts As Rally Resumes: Eli Lilly, Transdigm, Palo Alto In Focus
20 Nov 2023
Contributed by Lukas
After a strong week last week, the market continued higher with more gains. The market is getting its pre-game workout in ahead of the sleepy turkey h...
Stocks Pause To End Big Week; Nvidia, Novo Nordisk, MongoDB In Focus
17 Nov 2023
Contributed by Lukas
The stock market capped another strong week. The major indexes enjoyed slim Friday gains as they pause somewhat, but definitely aren’t pulling back....
Stocks Barely Budge In Constructive Session; Monday.com, Ryanair, Chipotle In Focus
16 Nov 2023
Contributed by Lukas
The stock market held up relatively well in light of earnings sell-offs for Walmart, Cisco Systems and Palo Alto Networks. Bond yields fell after some...
Blue Chips Rise, But Some Growth Stocks Pause; Watching Netflix, Howmet, URI
15 Nov 2023
Contributed by Lukas
Some of the market’s most beaten-down merchandise made the biggest moves Wednesday, while several top-rated growth stocks came under selling pressur...
Market Stages Powerful Rally; DraftKings, Toll Brothers, Super Micro In Focus
14 Nov 2023
Contributed by Lukas
The market rally had a broad, powerful rally, fueled by plunging Treasury yields after a tame inflation report. A large number of stocks flashed new b...
Is This The Pause We’ve Been Waiting For? Shopify, DoorDash, Li Auto In Focus
13 Nov 2023
Contributed by Lukas
After a strong showing last week, the Nasdaq composite wasn’t willing to give up much ground. The S&P 500 is right there with it. But there is still...
Market Rebounds Strongly To Cap Week; Taiwan Semi, MercadoLibre, GE In Focus
10 Nov 2023
Contributed by Lukas
After Thursday’s retreat, the market rally looked like it was ready to pause. But bulls want to run. The major indexes roared back Friday to above O...
Nasdaq, S&P 500 Snap Win Streaks As Yields Spike; TJX, Palantir, PHM In Focus
09 Nov 2023
Contributed by Lukas
Small caps lagged badly again and breadth was nearly 3-to-1 negative on both exchanges. The Nasdaq halted a nine-session win streak and marked a distr...
Market Pauses; Axon, Eli Lilly, Dell In Focus
08 Nov 2023
Contributed by Lukas
Stocks are continuing to pause, which is constructive. One area of potential concern could be the small caps, which posted an outsized decline even th...
Market Extends Win Streak, Software Leads; Datadog, MongoDB, Uber In Focus
07 Nov 2023
Contributed by Lukas
Indexes took a pause on Monday but held on the gains of last week despite a boost in the 10-year Treasury yield. As for stocks, Dell broke out of a do...
Indexes Digest Gains, Why That’s A Good Thing: Dell, Eli Lilly, XPO In Focus
06 Nov 2023
Contributed by Lukas
Indexes took a pause on Monday but held on the gains of last week despite a boost in the 10-year Treasury yield. As for stocks, Dell broke out of a do...
Indexes Retake 50-Day To Cap Huge Week; DraftKings, Zscaler, Nvidia In Focus
03 Nov 2023
Contributed by Lukas
The market had another huge gain, once again fueled by tumbling Treasury yields. The major indexes all retook their 50-day lines to cap a big week. Dr...
Indexes Continue Piling On Gains; Uber, Pulte Group, Ferrari Break Downtrends
02 Nov 2023
Contributed by Lukas
The market had a nice follow-up to the change in outlook Wednesday. Indexes saw broad gains with lots of participation. A number of stocks broke downt...
Market Rallies After Fed Meeting; Microsoft, Meta Platforms, Amazon Flash Buy Signals
01 Nov 2023
Contributed by Lukas
The market rallied gained steam in higher volume as Fed chief Jerome Powell signaled no more rate hikes. Tech titans Microsoft, Meta Platforms and Ama...
Indexes Reverse Higher With Fed Due; Arista Networks, Cameco, ELF Beauty In Focus
31 Oct 2023
Contributed by Lukas
Indexes traded lower Tuesday morning, but reversed modestly higher, with the Nasdaq moving above the 200-day line. It’s still not a confirmed rally,...
Indexes Start The Week Strong, But Will It Last? Meta, Ollie’s, FTAI In Focus
30 Oct 2023
Contributed by Lukas
Indexes started strong but started to look shaky shortly after the open. Still the recovery throughout the day didn’t necessarily breach intraday hi...
Stocks Suffer Sharp Weekly Losses; Microsoft, UnitedHealth, Weatherford In Focus
27 Oct 2023
Contributed by Lukas
The major indexes fell this week to multimonth lows, while the Russell 2000 hit its worst level since 2020. Microsoft, UnitedHealth and Weatherford ar...
Indexes Worsen As Leaders Fall; Walmart, TechnipFMC, Arista Networks In Focus
26 Oct 2023
Contributed by Lukas
The S&P 500 and Nasdaq composite fell further as earnings season puts another level of pressure on indexes. Walmart is holding up though as it carves ...
S&P 500, Nasdaq Break Below Recent Lows; Google, Vertiv, CME In Focus
25 Oct 2023
Contributed by Lukas
The S&P 500 and Nasdaq composite fell sharply, undercutting their recent lows, ending their short-lived rally attempts. Treasury yields ran up while b...
Indexes Bounce Into Big Earnings; International Seaways, GE, Fair Isaac In Focus
24 Oct 2023
Contributed by Lukas
The major indexes rose Tuesday, but a rally attempt is just getting started as a huge earnings wave kicks off. International Seaways is near a buy poi...
Indexes Try To Bounce, Breadth Still A Problem; Duolingo, PDD, Vertex In Focus
23 Oct 2023
Contributed by Lukas
The Nasdaq undercut its rally day lows early but bounced back. Was it enough? More evidence is needed. Duolingo remains worthy of watching as it got s...
Nasdaq Near Lows as Earnings Wave Looms; Microsoft, Meta, Google In Focus
20 Oct 2023
Contributed by Lukas
The Nasdaq nearly undercut recent lows while the S&P 500 tested its 200-day line and the Russell 2000 hit a 52-week low, as high bond yields pressure ...
Stocks Fade Late After Powell Speech; Tesla, Zscaler, VERX In Focus
19 Oct 2023
Contributed by Lukas
Fed Chairman Jerome Powell signaled no rush to hike rates again amid a soaring 10-year Treasury yield. WTI crude oil futures spiked above $90 a barrel...
Stocks Tumble As Oil, Bond Yields Rise; CDNS, AXON, BRZE Hold Up
18 Oct 2023
Contributed by Lukas
The 10-year Treasury yield rose above 4.90% for the first time since 2007. WTI crude oil settled at $88.32 a barrel, up 1.9%, as oil and gas stocks ...
Stocks Stuck In Range; Fair Isaac, Super Micro Computer, DraftKings In Focus
17 Oct 2023
Contributed by Lukas
The major indexes came off lows but also hit resistance, though small caps had a strong session. Treasury yields soared toward 16-year highs. The S&P ...
Stocks Rebound But Not All Clear Yet; Lululemon, KLA, AeroVironment In Focus
16 Oct 2023
Contributed by Lukas
Given the poor finish on Friday it was nice to see a rebound, but the indexes still have some work to do. It was still an inside day for a lot of stoc...
Stocks Suffer Significant Losses; Tesla, SLB, Sterling Construction In Focus
13 Oct 2023
Contributed by Lukas
After a strong start to the week, the major indexes and leading stocks had a rough finish. The Nasdaq, which reclaimed its 50-day line on Wednesday, f...
Stock Market Sinks As Bond Yields Spike; Vertex, KLA, MMYT In Focus
12 Oct 2023
Contributed by Lukas
Headline consumer prices were slightly hotter than expected, but core prices were in line. The 10-year Treasury yield reversed sharply higher after hi...
Stocks Hold Firm After Inflation Data, Fed Minutes; ADBE, PSN, LII In Focus
11 Oct 2023
Contributed by Lukas
Breadth was slightly negative on the Nasdaq but slightly positive on the NYSE. The minutes from the September Fed meeting showed the majority of offic...
Market Keeps Rising, But Hits Resistance; Uber, Novo Nordisk, Super Micro In Focus
10 Oct 2023
Contributed by Lukas
The major indexes continued to advance with Treasury yields tumbling, but the Nasdaq hit resistance at the 50-day line. Uber, Novo Nordisk and Super M...
Market Shakes Off Mid-East Unrest; AeroVironment, Vertiv, Weatherford In Focus
09 Oct 2023
Contributed by Lukas
Indexes shook off early weakness following attacks on Israel by Hamas and the subsequent declaration of war. Energy stocks won the day with Weatherfor...
Arista Networks, CrowdStrike, Eli Lilly Flash Buy Signals Amid Bullish Upside Reversal
06 Oct 2023
Contributed by Lukas
For a third straight session, the major indexes closed near highs, staging a big, bullish upside reversal on Friday. A number of leading stocks flas...
Nasdaq Climbs Off Lows Ahead Of Jobs Report; NBIX, CME, RELY In Focus
05 Oct 2023
Contributed by Lukas
The 10-year Treasury yield fell for the second straight session, fueling positive sentiment. But oil fell sharply for the second straight session on d...
Nasdaq Jumps 1.3% Amid Rare Bond Buying; Tesla, Duolingo, Paccar Hold Up
04 Oct 2023
Contributed by Lukas
Breadth was weak again on the Nasdaq, with winners beating losers by 4 to 3. Oil stocks sold off again as WTI crude oil futures slumped 5.6% to settle...
Yields Soar, Stocks Take A Beating; Alphabet, Halliburton, Ferrari In Focus
03 Oct 2023
Contributed by Lukas
Strength in the labor market from the latest JOLTS report sent the 10-year yield soaring and puts more attention on the jobs report Friday. Market bre...
Surging Yields Hit Most Stocks, But Not Nvidia, Super Micro, Costco
02 Oct 2023
Contributed by Lukas
The major indexes tried to rally with a government shutdown averted, but the 10-year Treasury surged to a fresh 16-year high. Market breadth was terri...
Market Rally Fizzles On Shutdown Fears; Arista Networks, Meta, Zscaler In Focus
29 Sep 2023
Contributed by Lukas
The major indexes rebounded from Wednesday’s lows, but so far the rally attempt has been lackluster, with government shutdown fears weighing on stoc...
Stocks Extend Gains Ahead Of Inflation Data; SNPS, XPO, BX In Focus
28 Sep 2023
Contributed by Lukas
Breadth was just OK on the Nasdaq, with advancers beating decliners by less than 2 to 1. Oil and gas stocks lagged after outperforming Wednesday. Tech...
Nasdaq Pares Losses, Battles Near 13,000 Level; FN, ANET, HAL In Focus
27 Sep 2023
Contributed by Lukas
Buyers lifted the Nasdaq composite and S&P 500 off lows even as the 10-year yield and the U.S. dollar rose again. Breadth was slightly positive on bot...
Stocks Resume Heavy Selling; Neurocrine Biosciences, Meta Platforms, NOV Hold Up
26 Sep 2023
Contributed by Lukas
The major indexes returned to sharp losses Tuesday, hitting new lows for the market correction, as the 10-year Treasury yield kept rising. Neurocrine ...
Stocks Halt Slide But Bounce Modest; FedEx, Costco, Li Auto In Focus
25 Sep 2023
Contributed by Lukas
The major indexes rose slightly with the 10-year Treasury yield soaring. FedEx is nearing a buy point with Costco setting up ahead of earnings Tuesday...
Friday’s Bounce Fizzles To Cap Grim Market Week; Tesla, Meta, Vertex In Focus
22 Sep 2023
Contributed by Lukas
The market was due for a bounce, but it quickly fizzled Friday. The major indexes broke lower for the week as the market fell into a correction. Tesla...
Market Correction Intensifies As Bond Yields Spike; HQY, AMGN, EG Hold Up
21 Sep 2023
Contributed by Lukas
Leading growth stocks got crushed again, but some health care stocks and insurers held up well. HSA administrator HealthEquity has been rising in heav...
Stocks Fade Late On Hawkish Fed Tone; Lululemon, Costco, CrowdStrike In Focus
20 Sep 2023
Contributed by Lukas
Sellers came into the market after the Federal Reserve, as expected, left the federal funds rate unchanged. The Nasdaq composite marked its fourth dis...
Bulls Ailing But Still Fighting As Fed Decision Looms; ELF Beauty, Duolingo, Uber In Focus
19 Sep 2023
Contributed by Lukas
The major indexes fell slightly with Treasury yields hitting long-term highs ahead of the Fed decision. The Nasdaq and S&P 500 closed just above criti...
Stocks Barely Budge As Fed Meeting Looms; PDD, DKNG, LPLA In Focus
18 Sep 2023
Contributed by Lukas
Small caps lagged, but the other major stock indexes didn’t move much as Wall Street awaited the start of the two-day Federal Reserve meeting. China...
Stocks End Week On Ugly Note; Samsara, Caterpillar, XP In Focus
15 Sep 2023
Contributed by Lukas
A day after reclaiming the 50-day line, the major indexes fell back hard on Friday, as the market continues to swing quickly between bullish and beari...
Stock Market Jumps As Nasdaq Eyes 14,000; Booking, J, FirstWatch In Focus
14 Sep 2023
Contributed by Lukas
The Nasdaq composite, S&P 500 and Dow Jones rallied sharply and closed above their 50-day moving averages. Sentiment was positive as the odds for anot...
Nasdaq Fades Off Highs After Mixed CPI Data; Airbnb, CDNS, IR In Focus
13 Sep 2023
Contributed by Lukas
The 10-year Treasury yield reversed lower after hitting a high of 4.34%. Oil and gas, airline and solar stocks lagged. Airbnb halted a four-session wi...
S&P 500, Nasdaq Back Below Key Level Ahead Of Inflation Data; Apple, GE, Nextracker In Focus
12 Sep 2023
Contributed by Lukas
The S&P 500 and Nasdaq retreated below the 50-day line one day after Monday’s advance. Apple unveiled the iPhone 15 but shares fell, continuing a ba...
Nasdaq Leads Indexes Higher Ahead Of CPI; Tesla, Meta, Trane Tech In Focus
11 Sep 2023
Contributed by Lukas
The Nasdaq composite led for the day with a move above its 50-day moving average but the breadth still has a ways to go. Tesla jumped above its 50-da...
Market Bounce Fizzles To End Bad Week; Shopify, Microsoft, Marriott In Focus
08 Sep 2023
Contributed by Lukas
A Friday bounce fizzled as the S&P 500 and Nasdaq hit resistance near their 50-day moving averages, capping a rough week. It wouldn’t take much for ...
Breaches Of Support Get More Serious; Amazon.com, Nutanix, Nucor In Focus
07 Sep 2023
Contributed by Lukas
The S&P 500 and Nasdaq saw more serious breaches of their 50-day moving averages, but they’re still holding above the Aug. 29 low of the follow-thro...
S&P 500 Undercuts Key Level; Meta Platforms, Uber, Shopify In Focus
06 Sep 2023
Contributed by Lukas
The S&P 500 and Nasdaq undercut their 50-day moving averages, at least intraday, following stronger-than-expected economic data. A close below the low...
Indexes Hold Up But Market Breadth Weak; Oracle, Toll Brothers, GE In Focus
05 Sep 2023
Contributed by Lukas
The major indexes were narrowly mixed once again, holding up despite another big rise in Treasury yields. But market breadth was weak, with housing st...
Market Pauses To Cap Strong Week; Baker Hughes, Samsara, Tesla In Focus
01 Sep 2023
Contributed by Lukas
The major indexes were mixed again on Friday, pausing to end a strong week of gains. It’s a confirmed market rally, so investors should be taking pa...
Market Mixed Heading Into Jobs Report; Amazon, Meta Platforms, GE In Focus
31 Aug 2023
Contributed by Lukas
The major indexes had a mixed session Thursday, though growth stocks generally advanced. More stocks flashed buy signals, such as Amazon. Meta Platfor...
Market Builds On Follow-Through Day Gains; Visa, Valaris, FedEx In Focus
30 Aug 2023
Contributed by Lukas
The major indexes piled more gains on top of Tuesday's bullish signal. Credit card giant Visa broke out of a flat base but gave up initial gains. Oil ...
Market Rally Has Bullish Session; Li Auto, Oracle, MercadoLibre In Focus
29 Aug 2023
Contributed by Lukas
The major indexes rallied above their 50-day moving averages in higher volume as Treasury yields and Fed rate-hike odds fell on weak jobs data. EV sta...
Market Shows Gains But Not Convincing Yet; Cactus, Hubbell, Ollie’s In Focus
28 Aug 2023
Contributed by Lukas
Stocks burst higher at the open but quickly went back and forth the rest of the day. It’s not a market that’s proving itself ready to resume its u...
Market Direction Unclear; Nvidia, Caterpillar, Marsh & McLennan In Focus
25 Aug 2023
Contributed by Lukas
Despite Thursday’s ugly reversals, the Nasdaq and S&P 500 had solid weekly gains. Nvidia remains key to the market’s health. Outside of tech, Dow ...
Stock Indexes Reverse Lower After Strong Start; UBER, SLB, WFRD In Focus
24 Aug 2023
Contributed by Lukas
The 10-year Treasury yield and the U.S. dollar rallied ahead of Fed Chairman Jerome Powell’s speech in Jackson Hole Friday morning. Breadth was nega...
Nasdaq Jumps As Bond Yields Fall; Tidewater, Oceaneering, Intuit Show Strength
23 Aug 2023
Contributed by Lukas
Investors finally bought bonds, sending the 10-year Treasury yield lower by 14 bps to around 4.19%. Winners beat losers on the Nasdaq by just over 2 t...
Stocks Erase Gains As Nvidia Looms; Broadcom, ServiceNow, Baker Hughes In Focus
22 Aug 2023
Contributed by Lukas
The major indexes gave up Tuesday morning gains while market breadth remained weak. It’s still a rally attempt within a correction, with all eyes tu...
Stocks Continue Friday Bounce But Waiting Still Wise; Adobe, ADP, ANET In Focus
21 Aug 2023
Contributed by Lukas
Stocks looked like they were getting a nice follow-up to Friday’s bounce. But a lack of volume and breadth shows not all is right with the market ye...
Stocks Bounce Off Friday Lows, But Market In Correction; DO, BA, GOOGL In Focus
18 Aug 2023
Contributed by Lukas
The major indexes closed well off Friday lows, but the market is in a correction. Diamond Offshore flashed an early entry as energy plays hold up well...
Sellers Dictate Action As Leaders Show More Cracks; MTH, META, LI In Focus
17 Aug 2023
Contributed by Lukas
The Nasdaq composite gave back early gains and closed near its session low for the third straight session. But the index avoided its fourth distributi...
Sellers Knock Nasdaq Lower Again; XP, ATI, Chart Industries Hold Up
16 Aug 2023
Contributed by Lukas
The Nasdaq fell below Monday’s low in higher volume, marking the 5th distribution day in 11 trading sessions. Losers beat winners on both exchanges ...
S&P 500 Breaks Key Level; Nvidia, Oracle And On Holding In Focus
15 Aug 2023
Contributed by Lukas
The Nasdaq fell back below its 50-day line, joined by the S&P 500. Nvidia continued to advance, flirting with new entries, even as many other leading ...
Nasdaq Snaps Back But Still Faces Challenges; Adobe, Fluor, Atlassian In Focus
14 Aug 2023
Contributed by Lukas
The Nasdaq composite outperformed even as the 10-year yield rallied for the third straight session. Nvidia jumped above its 50-day line after a tough ...
Market Rally Ailing, But OK Outside Tech; JPMorgan, Flowserve, Nvidia In Focus
11 Aug 2023
Contributed by Lukas
The major indexes were mixed last week but the Nasdaq fell below its 50-day moving average, with Nvidia and many other tech growth stocks doing the sa...
Stocks Reverse Course Despite In-Line Inflation Data; FTI, LULU, MLM In Focus
10 Aug 2023
Contributed by Lukas
The Nasdaq composite jumped 1.6% during the first half hour of trading, but sellers eventually had the upper hand. The 10-year Treasury yield reversed...