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
Jan 26, 2024 • 17min
Stocks Back Off Highs But Up For Week; Expedia, Novo Nordisk, Elastic In Focus
The major indexes rose solidly again for the week, with the S&P 500 and Dow Jones hitting fresh all-time highs Friday before reversing. The Nasdaq struggled to advance after mid-week, but that’s not all bad given the massive earnings wave ahead. Expedia is flashing an early entry as travel stocks step up. Novo Nordisk is in a buy zone with earnings due. Elastic is trying to reclaim a buy point. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 25, 2024 • 20min
Nasdaq, S&P 500 Extend Win Streaks; Adobe, Pinterest, Caterpillar In Focus
The first estimate to Q4 GDP came in much stronger than expected, fueling early positive sentiment. Winners beat losers on the Nasdaq by about 3 to 2, but the ratio was nearly 3 to 1 positive on the NYSE. Caterpillar topped a new buy point; Adobe is near highs as it builds a new base; Pinterest is holding support at its 10-week line. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 24, 2024 • 12min
Nasdaq, S&P 500 Fade After Strong Start; XP, Expedia, EWBC In Focus
Declining stocks had a slight edge over advancers on both exchanges. The 10-year Treasury yield reversed higher and closed above its 50-day line. Brazilian fintech XP gave back early gains after clearing a trendline; Expedia is holding support at its 10-week line; East West Bancorp reversed higher and is still in buy range after topping a 74.61 entry. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 23, 2024 • 11min
Market Pauses At Record Highs; Snowflake, CSX, D.R. Horton In Focus
The stock market rally paused with the major indexes mixed, holding at 52-week or all-time highs. Snowflake broke out. CSX has traded tightly in a buy zone with earnings on tap. D.R. Horton plunged on earnings. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 22, 2024 • 15min
Small-Caps Outperform As Yields Drop; Digital Realty, MongoDB, ASML In Focus
A gap up at the open for the major indexes gave up a lot of ground but still finished positive. But it was the small-caps that really led the way as yields came down. Real estate was on the rise and Digital Realty broke out of from a flat base. MongoDB broke above a downtrend and cleared an important 400 level again. Finally, semiconductor equipment maker ASML Holdings broke out from a cup with handle but it has earnings around the corner. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 19, 2024 • 17min
S&P 500 Hits Record High; Super Micro Computer, Cloudflare, DraftKings In Focus
The S&P 500 hit a record high, as big techs led the way. Small caps fell for the week despite Friday’s bounce. However, market leadership remains robust. Super Micro skyrocketed out of a base on blowout preliminary results. Cloudflare and DraftKings are near early entries. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 18, 2024 • 10min
Chip Stocks Lead Nasdaq Rally; Taiwan Semi, ARM, URI In Focus
The Nasdaq outperformed even as bond yields and the U.S. dollar rose again. But breadth was suspect again, with advancers only having a slight edge over decliners on both exchanges. TSMC gapped out of a cup with handle base; ARM is holding support at its 10-week line, while URI is pulling back in orderly fashion. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 17, 2024 • 12min
Indexes Fall As Bond Yields, Dollar Rise; BURL, AXON, QLYS In Focus
Decliners topped advancers on the NYSE by about 3.5-to-1. The ratio was around 2.5-to-1 negative on the Nasdaq. Retailer Burlington Stores has been stubborn about giving back recent gains, while Axon and Qualys have pulled back in orderly fashion. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 16, 2024 • 12min
Market Slides, Tech Leaders Solid; Elastic, Cadence Design, Rambus In Focus
The stock market rally pulled back Tuesday, with industrials, financials and homebuilders leading a broad retreat. Tech stocks held up relatively well, with some flashing buy signals, such as Elastic, Cadence Design and Rambus. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 12, 2024 • 16min
Strong Week For Market Rally; Microsoft, MercadoLibre, Novo Nordisk In Focus
The stock market rally had a strong week, with the major indexes finishing near 52-week or all-time highs and many leading stocks flashing buy signals. Market breadth has been lackluster in the new year, but plenty of leading stocks have flashed buying opportunities, including Microsoft, MercadoLibre and Novo Nordisk. Learn more about your ad choices. Visit megaphone.fm/adchoices
