All articles tagged with #buy points
Dow Jones futures and major indices showed slight gains after a market pause, with key tech stocks like Nvidia, Palantir, Oracle, and Netflix near buy points. The market experienced modest losses amid geopolitical tensions and China's export restrictions, but leading stocks and ETFs remain in a strong uptrend, with investors advised to be selective and cautious.
Nvidia and Coherent lead a list of five stocks near buy points, driven by strong AI and data center growth, amid a generally bullish market with the S&P 500 reaching new highs. Other stocks like Sea Ltd., United Rentals, and Expedia also show promising technical setups, with Nvidia solidifying its position as a key AI infrastructure player and market conditions favoring high-volatility stocks. Investors should monitor these stocks for potential buy signals amid ongoing market strength.
Dow Jones futures are steady as Nvidia and Palantir approach new buy points, while Broadcom and Oracle decline; market awaits jobs report amid potential government shutdown, with ongoing bullish momentum and key stock breakouts to watch.
Dow Jones futures are steady as the Fed is expected to announce its first rate cut of 2025, with market leaders like Meta, Nvidia, and Palantir approaching buy points amid a subdued rally. Investors are awaiting Fed chief Powell's comments for clarity on future moves, while leading stocks and ETFs show mixed performance ahead of the announcement.
Chinese stocks, including Xiaomi, Tencent, and others, are approaching buy points amid hopes of an extension of the US-China trade truce, with Xiaomi's EV sales and earnings growth highlighting its competitive position against Tesla.
Broadcom's stock is approaching a buy point ahead of earnings, with strong market performance and market leadership in AI chips, while other stocks like Palo Alto Networks, Franco-Nevada, and Cintas are also highlighted as promising opportunities. Investors are advised to be cautious of extended stocks and to use specific tools and ratings for making informed decisions.
The stock market rally faced headwinds as Treasury yields hit 2024 highs, causing major indexes to come off morning lows. Health insurers and apparel plays slumped, while Tesla slid on weak deliveries. Energy stocks were strong, but most are significantly extended. Nvidia, Meta Platforms, Uber, Eli Lilly, and Salesforce showed resilience, finding support around their 50-day or 10-week lines. Intel disclosed a $7 billion operating loss for its chip foundry business. Meta, Uber, Eli Lilly, Salesforce, and Microsoft stocks are near buy points. Tesla's weak deliveries led to a 4.9% stock decline. Investors are advised to be cautious and monitor the market for buying opportunities.
Palantir Technologies and Visa both reached new highs in the stock market. Palantir's stock rallied after reporting better-than-expected earnings and sales, driven by its AI technology. Visa exceeded analysts' estimates and authorized a new share buyback program. Both companies are experiencing positive growth and are attracting investor interest.
Meta Platforms, DraftKings, Weatherford International, Ollie's Bargain Outlet, and Lululemon are stocks to watch near buy points as the market gains momentum. Meta Platforms reported strong earnings growth but warned of an uncertain advertising environment. DraftKings beat expectations with increased revenue and raised its full-year outlook. Weatherford International exceeded expectations and raised its full-year outlook as well. Ollie's Bargain Outlet is performing well as consumers look to cut costs ahead of the holiday shopping season. Lululemon has shown strength and reported double-digit earnings and revenue gains.
The stock market correction continued last week, with major indexes falling to multimonth lows. However, there are four big-cap tech stocks worth watching as they are close to buy points: Amazon, Meta Platforms, Microsoft, and ServiceNow. These stocks have already released their earnings and have shown multiple quarters of accelerating growth. Additionally, investors should be cautious and hold cash, as the market needs several days of strong performance to signal the end of the downturn. The Federal Reserve will meet this week, and the October jobs report will be released on Friday.
Dow Jones futures, along with S&P 500 futures and Nasdaq futures, fell slightly as the stock market rally lost ground due to rising Treasury yields. However, megacaps like Microsoft, Meta Platforms, and Tesla limited the losses. Homebuilders and housing stocks sold off, while energy stocks performed well. Several stocks, including Microsoft, Meta, Tesla, General Electric, and MongoDB, are trading close to buy points. Roku raised its Q3 revenue guidance, and GitLab reported surprise earnings and revenue above expectations.
The Dow Jones Industrial Average fell while oil stocks such as Chevron and Baker Hughes rose as Saudi Arabia and Russia extended production cuts. Three stocks in Warren Buffett's portfolio, including Apple, are near buy points. The Nasdaq outperformed, with Airbnb as a top performer. The S&P 500 struggled, and small caps and growth stocks dipped. Microsoft and Intel led the Dow Jones, while Walgreens Boots Alliance and Merck lagged. Sprinklr and CyberArk Software tested buy points.
The Dow Jones Industrial Average rose while Ford stock tumbled after the company slashed prices for its F-150 Lightning EV truck. In contrast, Tesla stock surged after the company revealed its Cybertruck, despite CEO Elon Musk being targeted by Senator Elizabeth Warren. Three stocks owned by Warren Buffett's Berkshire Hathaway, including AAON, American Express, and DaVita, are near buy points. The Nasdaq and S&P 500 also rallied, with small caps and growth stocks performing well.
The stock market rally experienced a pullback last week, with the Nasdaq and S&P 500 showing modest declines while small caps struggled. However, leading stocks such as Nvidia, Apple, and Meta Platforms held their ground or marched higher. The Dow Jones, Russell 2000, and other measures showed more damage elsewhere. Investors should be watching leading stocks closely and looking for those that hold up best. The current pullback may be setting the stage for numerous buying opportunities in the coming days or weeks.
Dow Jones futures will open Sunday evening with a tentative debt-ceiling deal between President Joe Biden and House Republicans in focus. The Saturday night agreement would head off a looming sovereign default. The market rally last week was divergent but ended on a hopeful note. Techs then boomed as Nvidia skyrocketed, sending chips and artificial intelligence plays soaring. Tesla, Netflix, Arista Networks, On Semiconductor, NetEase, Mobileye, Smartsheet, Aehr Test Systems, and McKesson are trading near buy points.