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
Sep 18, 2023 • 16min
Stocks Barely Budge As Fed Meeting Looms; PDD, DKNG, LPLA In Focus
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-based PDD is trading tightly post-earnings, while LPL Financial is still in a buy zone. DraftKings is setting up in a new base. Learn more about your ad choices. Visit megaphone.fm/adchoices
Sep 15, 2023 • 19min
Stocks End Week On Ugly Note; Samsara, Caterpillar, XP In Focus
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 bearish signals. Samsara has round-tripped a powerful earnings gain. Caterpillar is holding up while Brazil’s XP showed strong action Friday. Learn more about your ad choices. Visit megaphone.fm/adchoices
Sep 14, 2023 • 13min
Stock Market Jumps As Nasdaq Eyes 14,000; Booking, J, FirstWatch In Focus
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 another rate hike before the end of the year shrink. Booking Holdings, Jacob Solutions and FirstWatch all gave buy signals. Learn more about your ad choices. Visit megaphone.fm/adchoices
Sep 13, 2023 • 16min
Nasdaq Fades Off Highs After Mixed CPI Data; Airbnb, CDNS, IR In Focus
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 win streak, but continues to hold above key support levels. Cadence Design Systems outperformed, but Ingersoll Rand flashed a sell signal. Learn more about your ad choices. Visit megaphone.fm/adchoices
Sep 12, 2023 • 14min
S&P 500, Nasdaq Back Below Key Level Ahead Of Inflation Data; Apple, GE, Nextracker In Focus
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 bad stretch. GE extended Monday’s bounce from the 50-day line while solar play Nextracker is setting up. Learn more about your ad choices. Visit megaphone.fm/adchoices
Sep 11, 2023 • 19min
Nasdaq Leads Indexes Higher Ahead Of CPI; Tesla, Meta, Trane Tech In Focus
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-day line on an analyst upgrade, Meta joined it with a move above its 50-day on reports of a ChatGPT rival and Trane Technologies broke out to all-time highs. Learn more about your ad choices. Visit megaphone.fm/adchoices
Sep 8, 2023 • 17min
Market Bounce Fizzles To End Bad Week; Shopify, Microsoft, Marriott In Focus
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 the market rally to take a bullish or bearish turn. Software giants Shopify and Microsoft are acting well while Marriott rebounded bullishly. Learn more about your ad choices. Visit megaphone.fm/adchoices
Sep 7, 2023 • 19min
Breaches Of Support Get More Serious; Amazon.com, Nutanix, Nucor In Focus
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-through day. Amazon.com is showing leadership among the FANG stocks as it bounced from its 50-day line, Nutanix is holding its earnings gap gains, and Nucor is tightening up after a long deep base. Learn more about your ad choices. Visit megaphone.fm/adchoices
Sep 6, 2023 • 13min
S&P 500 Undercuts Key Level; Meta Platforms, Uber, Shopify In Focus
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 of the Aug. 29 follow-through day would be bearish. But for now, Meta, Uber and Shopify appear to be setting up. Learn more about your ad choices. Visit megaphone.fm/adchoices
Sep 5, 2023 • 21min
Indexes Hold Up But Market Breadth Weak; Oracle, Toll Brothers, GE In Focus
The major indexes were narrowly mixed once again, holding up despite another big rise in Treasury yields. But market breadth was weak, with housing stocks such as Toll Brothers falling solidly. Oracle flashed an early entry, while GE trades tightly. Learn more about your ad choices. Visit megaphone.fm/adchoices
