Stock Market Today With IBD

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 Cybertruck delivery event. Palantir bounced from its 21-day after a sharp recent pullback. Marriott is pausing just below highs, working on a handle. Learn more about your ad choices. Visit megaphone.fm/adchoices

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 at 71.30. Amazon.com is still buyable past a 145.86 consolidation and Elf Beauty popped out of a short pause after retaking its 50-day moving average line. Learn more about your ad choices. Visit megaphone.fm/adchoices

The major indexes had a quiet, half-day session after Thanksgiving, but finished with modest weekly gains, extending the strong gains this month. Novo Nordisk broke out of a new base on plans to bring weight-loss Wegovy to Japan and other new markets early next year. Taiwan Semiconductor is setting up with First Citizens Bancshares also just below a buy point. Learn more about your ad choices. Visit megaphone.fm/adchoices

Stock indexes closed moderately higher. Nvidia ‘sold the news’ after earnings, but the stock held up relatively well after another bullish quarter. Oil fell 4% to $74.45 a barrel after OPEC delayed a meeting set for Sunday. That fueled rumors of disagreement over production cuts. Stocks to watch include Advanced Micro Devices, ARM Holdings and Comfort Systems. Learn more about your ad choices. Visit megaphone.fm/adchoices

The major indexes retreated Tuesday, with investors cautious heading into Nvidia earnings. The rally still looks healthy, though many leading stocks are extended. Booking Holdings and Carpenter Technology are setting up, while Chinese retailer Miniso sold off despite strong earnings. Learn more about your ad choices. Visit megaphone.fm/adchoices

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 holiday on Thursday. Friday will be a half day. Eli Lilly made a run at 600 but volume trickled off by the end of the day. Transdigm saw a pullback to an important area of support and Palo Alto Networks is recovering after a negative reaction to its latest earnings report. Learn more about your ad choices. Visit megaphone.fm/adchoices

The stock market capped another strong week. The major indexes enjoyed slim Friday gains as they pause somewhat, but definitely aren’t pulling back. Small caps outperformed despite hitting resistance. Nvidia earnings loom large for AI stocks and the market rally. Novo Nordisk and MongoDB also are showing strength. Learn more about your ad choices. Visit megaphone.fm/adchoices

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 Fed-friendly economic data that showed jobless claims up more than expected and weak manufacturing data. Monday.com, Ryanair and Chipotle have been rising in heavy volume, a rarity in the stock market these days. Learn more about your ad choices. Visit megaphone.fm/adchoices

Some of the market’s most beaten-down merchandise made the biggest moves Wednesday, while several top-rated growth stocks came under selling pressure after big gains over the past two weeks. Netflix, Howmet Aerospace and United Rentals are showing relative strength, but don’t chase them at current levels. Learn more about your ad choices. Visit megaphone.fm/adchoices

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 buy signals from a variety of sectors. DraftKings offered a new entry, while Toll Brothers broke out and Super Micro surged to top aggressive buy points. Learn more about your ad choices. Visit megaphone.fm/adchoices