Stock Market Today With IBD
Investor's Business Daily
A roundup of the most compelling market action each trading day at the closing bell from Investor's Business Daily.
Episodes
Mentioned books
Jun 18, 2024 • 19min
Stocks Hold Near Highs; ELF Beauty, Goldman Sachs, Granite Construction In Focus
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, something to consider when analyzing possible buys and sells. ELF Beauty broke out, while Goldman Sachs and Granite Construction are right on the cusp of early entries. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 17, 2024 • 23min
Bulls Charge Ahead, But Pullback Risk Elevates; On Holding, GE, Carvana In Focus
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 may pull back. The tech-heavy index is now nearly 9% above its 50-day moving average and well above its 21-day line. Today’s sharp move could mean the risk of a steeper pullback is now elevated. Among individual stocks, On Holding (ONON) reversed higher after testing a critical support area. GE Aerospace (GE) cleared a trendline entry and Carvana (CVNA) bounced off a key psychological level. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 14, 2024 • 1h 3min
‘Picture Perfect’ Market Action Means Active Traders Should Do This; Netflix, Spotify, Deckers Outdoor Corporation In Focus
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. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 13, 2024 • 15min
Stocks Show Mixed Action; Chipotle, Universal Health, GE Aerospace In Focus
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 Russell 2000 fell, struggling around the 50-day line, though they came off early afternoon lows. Chipotle cleared a short consolidation while Universal Health held a buy zone. GE Aerospace fell through its 50-day. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 12, 2024 • 15min
S&P 500 Rises On CPI Despite Hawkish Fed; Booking, Fair Isaac, KB Home Moving
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 despite a somewhat-hawkish Fed rate outlook, but then faded late in the session. Booking Holding broke out while Fair Isaac made a bullish move. KB Home soared initially, but slashed gains as Treasury yields pared losses. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 11, 2024 • 16min
Apple Drives Nasdaq To New High; Arista Networks, Lam Research Also In Focus
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 while Lam Research is trading around buy points. The CPI inflation report is due early Wednesday with the Fed’s “dot-plot” rate outlook on tap in the afternoon. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 10, 2024 • 10min
Stocks Hold Strong Ahead Of Fed Meeting, Inflation Data; GM, BIRK, GMED In Focus
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 rallied again after surging 15 basis points Friday. General Motors broke out powerfully from a flat base. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 7, 2024 • 1h 3min
This Shows Why The Bull Market Has More Room To Run; CrowdStrike, DKS, Viking In Focus
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. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 6, 2024 • 16min
Stocks Dip Ahead Of Pivotal Jobs Report; Pinterest, WPM, Coinbase In Focus
Decliners beat advancers by less than 2-to-1 on both exchanges as gold stocks outperformed. Data center stocks like Vertiv and Modine Manufacturing fell hard again, but the session served up several strong gainers. Pinterest cleared a trendline after a low-volume pullback; Wheaton Precious Metals bounced nicely off its 50-day moving average; Coinbase is forming the right side of a base. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 5, 2024 • 18min
Nasdaq, S&P 500 Jump To Record Highs; CrowdStrike, ASML, Oscar Health In Focus
The ADP employment came in weaker than expected, raising expectations that the first Federal Reserve rate cut will come at the September meeting. Friday’s employment report still looms large. CrowdStrike soared after reporting earnings, but there’s a caveat; ASML gapped up to the top of a 13-week consolidation; Oscar Health is firming up after a pullback. Learn more about your ad choices. Visit megaphone.fm/adchoices
