Dow Jones index futures rose late after the stock market plunged today, with the 10-year Treasury yield hitting a 52-week high. Tech earnings will start this week with highly anticipated results from Netflix (NFLX) And Tesla (TSLA).
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stock market today
On Monday, the Dow Jones Industrial Average was down 0.1%, and the S&P 500 was down less than 0.1%. The Nasdaq Technology Weight Composite Index is down just over 0.1%. within circulating money exchangeNasdaq 100 Invesco QQQ Trust Tracker (QQQ(Up 0.1%, the SPDR S&P 500 ETF)spy) slightly higher.
electric car leader Tesla (TSLA) was up 2% Monday ahead of this week’s earnings results. Twitter (TWTR) jumped 7.5% after the company adopted a “toxic pill” scheme to deter the purchase of Tesla CEO Elon Musk.
Overview of the US stock market today |
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---|---|---|---|---|
index | Code | price | win/loss | % change |
Dow Jones | (0DJIA) | 34412.61 | -38.62 | -0.11 |
Standard & Poor’s 500 | (0S & P5) | 4391.81 | -0.78 | -0.02 |
Nasdaq | (0NDQC ) | 13332.36 | -18.72 | -0.14 |
Contact 2000 | (IWM) | 197.62 | -1.34 | -0.67 |
defect 50 | (fifty) | 36.32 | -0.22 | -0.60 |
Last update: 4:26 PM ET 4/18/2022 |
Despite the faltering stock market rally, Dow’s leaders American Express (AXP) And Larva (cat) – along with IBD Leaderboard stock watch list Edwards Live Science (EW), murphy oil (mor), Raytheon Technologies (RTX), coincidence (shill) And Ulta Beauty (Ulta) – Among the biggest stocks to buy and watch on Monday.
somewhere else between Dow Jones LeadersAnd apple (AAPL) decreased by 0.1% and Microsoft (MSFT) up by 0.25% in Stock market today.
Microsoft and Tesla IBD Leaderboard Stores. Caterpillar and Edwards Live Science appeared In this week Stocks near the buying area pole. Edwards was too Monday stock from IBD. The caterpillar is IBD SwingTrader stock.
Dow futures contracts today: Treasury yields, oil prices
After Monday’s close, Dow Jones futures were up 0.2% against fair value, and S&P 500 futures were up 0.3%. Nasdaq 100 futures are up 0.45% against fair value. Remember to work overnight in Dow Jones futures contracts and elsewhere that does not necessarily translate into actual circulation in the next regular session Stock market session.
The US 10-year Treasury yield rose to 2.86% on Monday, the highest level since December 2018. Meanwhile, US oil prices rose about 1%, to trade just above $107 a barrel.
Stock Market Struggles: What to Do Now
The stock market ended Monday with modest losses, extending Thursday’s sharp declines.
Although the primary uptrend remains intact, it is time to move forward with a greater degree of caution. Be wary of most new buys and focus only on stocks that have exceptional fundamentals and high-volume breakouts beyond valid buy points. Be flexible too. The market could bounce back to the “confirmed uptrend”, or the heavy selling could continue and lead to a correction.
Thursday the big picture The column warned, “The Nasdaq has wiped out all the gains from March 18th Follow-up It is below the 50 day moving average. The S&P 500 is still above its March 16 follow-up, for now.”
If you are new to IBD, consider taking a look at stock trading system And CAN SLIM Basics. Distinguish chart patterns It is one of the key investment guidelines. IBD offers a wide range of Stock Growth ListsLike leaderboard And SwingTrader.
Investors can also create watch lists, find companies near a profile buy pointor develop custom screens in IBD Market Smith.
Five Dow Jones stocks to watch right now
Dow Jones stocks to buy and watch: American Express, Caterpillar
Dow Jones Financial Stock American Express tracks a cup with a handle with 194.45 buy points. Shares rose 1.8% on Monday, extending the winning streak into three sessions and ending about 5% away from the latest entry.
while, IBD SwingTrader Caterpillar in the scope of purchase after a cup with handle Buy point 227.15 after Thursday’s breakout move. The 5% buy space It rises to 238.51. Bullish indicator – RS line for the stock is at its highest level since June 2021. Shares are up nearly 1% on Monday.
Four growth stocks to watch at Cursstock market rally
Stocks to buy and watch: Edwards, Murphy, Raytheon, Shell, Ulta
IBD Leaderboard Watchlist Edwards Lifesciences now shows a cup with a handle with a buy point of 125.21 as a result of last week’s weakness. EW shares fell 0.6% on Monday.
Murphy Oil broke the 43.30 buy point of the bullish base amid Monday’s 3.2% advance. MUR . STOCK Boasts a rating of 99 perfect IBD compounds, for every IBD stock check.
Defense contractor Raytheon Technologies finished less than a flat base 104.44 pips long after stocks rose on Monday.
Oil and gas producer Shell, April 1 IBD stock today, is in a buying range above 56.23 buy points for a flat base after Monday’s 0.4% rise. Buying space increased 5% to 59.04.
Ulta Beauty shares are in Purchase range 5% macaroni cup with handle 408.83 points of purchase according to IBD Market Smith Graph analysis. The buying area rose to 429.27. The stock’s relative strength line is at a new high, which is a major sign of market leadership. ULTA shares rose less than 0.1% on Monday.
Join IBD experts as they analyze the leading stocks in the current stock market rally on IBD Live
Netflix earnings
Netflix earnings Expected late Tuesday, analysts say the company could expect its slowest growth in 10 years. The company’s earnings are expected to decline 22% to $2.92 per share on revenue of $7.93 billion. Sales are expected to increase by 11% compared to the same period last year.
NFLX shares are down more than 50% from a 52-week high after Monday’s 1% drop.
Tesla earnings
Tesla earnings are due after Wednesday’s close. The EV giant is expected to report earnings per share of $2.26 on sales of $17.59 billion, representing year-on-year increases of 143% and 69%, respectively.
At the beginning of April, Tesla reported that 310,048 vehicles delivered In the first quarter, it was up 68% from the same period a year earlier and just below analysts’ estimates of 312,000.
Tesla stock It rose 2% on Monday, reclaiming part of Thursday’s 3.7% decline. Shares of the electric vehicle giant on Monday ended roughly 13% away from their 1,152.97 point cup buying point.
The stock traded as high as 1,243.49 on November 4 and on Monday finished off that high of nearly 19%.
Dow Jones Leaders: Apple and Microsoft
within Dow Jones stockApple shares launched 7%-8% loss reduction base From 176.75 buy points at a base with a double bottom, falling back below the 50-day line. Meanwhile, the handle buy point is the latest entry point to watch at 179.71. The stock lost 0.1% on Monday.
Shares of software leader Microsoft rose 0.25% on Monday, but it’s still sharply below its 50 and 200-day lines. The stock is about 20% off its 52-week high.
Make sure to follow Scott Lehtonen on Twitter at Tweet embed Learn more about developing stocks and the Dow Jones Industrial Average.
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