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 23, 2023 • 18min
Stocks Pull Back, Stubbornly; HubSpot, Rockwell Automation, Google In Focus
Stocks retreated this week, but the Nasdaq and S&P 500 are finding support. HubSpot is trading tightly while Rockwell Automation is holding above a buy point. Google stock, which was wilting mid-week, fought back. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 22, 2023 • 14min
Nasdaq Bounces Amid Weak Breadth; MongoDB, Super Micro, Lam Research In Focus
The Nasdaq ended a three-day losing streak, but remains elevated vs. moving averages. MongoDB, Super Micro and Lam Research rebounded from key levels, offering possible entries, but with clear risks. Market breadth was weak. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 21, 2023 • 12min
Nasdaq Leads Pullback: Chipotle Flashes Buy Signal; Comparing Nvidia And AMD
The stock market rally pulled back again Wednesday, with the Nasdaq leading the downside this time. Investors should watch leading stocks to see which hold up and which falter, such as Nvidia vs. AMD. Meanwhile, Chipotle flashed an early entry. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 20, 2023 • 17min
Market Rally Resists Pullback; Meritage Homes, Allegro Micro, Lantheus In Focus
The stock market rally generally pulled back modestly Tuesday, but the Nasdaq resisted thanks to megacap leaders. Meritage Homes reclaimed a buy point while Lantheus and Allegro Microsystems flashed early entries, though ALGM stock pared gains significantly. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 16, 2023 • 23min
Stocks Hold The Bulk Of Weekly Gains; McKesson, Chipotle, AMD In Focus
The stock market rally had a big week. The Nasdaq is extended, but only reluctantly retreated Friday. Investors may want to be cautious in the short run, but looking for new opportunities. McKesson broke out Friday, while Chipotle continues to trade tightly. AMD is retreating toward key levels. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 15, 2023 • 15min
Stock Market Uptrend Gains More Steam; Procore, Intapp, Confluent In Focus
The U.S. dollar fell hard again and bond yields dropped, one day after the Federal Reserve held interest rates steady but sounded a hawkish tone. The crop of extended stocks is getting larger by the day, but the train hasn’t left the station yet when it comes to software stocks like Procore Technologies, Intapp and Confluent. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 14, 2023 • 17min
Nasdaq Holds Firm Despite Hawkish Fed Statement; Steris, Stryker, Merit Medical Systems In Focus
Stocks recovered off lows even after the Federal Reserve raised its year-end fed funds rate forecast to 5.6%. Small caps lagged, but buyers lifted the Nasdaq and S&P 500 well off lows by the close. UnitedHealth Group weighed on the Dow, but bad news from the health insurer was good news for healthcare stocks like Steris, Stryker and Merit Medical Systems. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 13, 2023 • 19min
Indexes Keep Rising Into Fed; Lattice Semi, Vertex, Freeport-McMoran In Focus
Small caps led while Nasdaq and S&P 500 hit fresh 52-week highs heading into the Fed decision. The Nasdaq is getting extended, with many leaders out of reach. Lattice Semiconductor, Vertex Pharmaceuticals and Freeport-McMoran are flashing buy signals. But investors need patience. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 12, 2023 • 17min
Nasdaq Extends Gains Ahead Of Fed; Ryanair, MongoDB, Shockwave Medical In Focus
Tech stocks led as the Nasdaq extended gains higher. In the travel sector, Ryanair formed a three-weeks-tight pattern and continued tight trading. MongoDB formed a short-stroke pattern and moved higher and Shockwave Medical continued to set up in a cup with handle. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 9, 2023 • 22min
Market Rally Has Solid Week; On Holding, Boeing, Nvidia In Focus
The major indexes were little changed for the week. But market breadth improved, with solid gains for small caps and midcaps despite cooling late in the week. The lofty Nasdaq and the looming Fed meeting offer reasons to be cautious amid the bullish trends. On Holding flashed a buy signal Friday with Boeing in buy range and Nvidia setting up. Learn more about your ad choices. Visit megaphone.fm/adchoices
