All articles tagged with #leading stocks
Dow Jones futures and major indices showed slight gains amid a mixed market session, with key stocks like Palantir and Eli Lilly in buy zones. The market experienced a rebound, with some high-growth stocks struggling, and investors are advised to watch for actionable setups and maintain their strategies amid ongoing volatility.
The stock market experienced a correction last week as Treasury yields surged due to a hawkish Fed rate-hike outlook. Major indexes broke key support levels, and leading stocks suffered significant damage. While some stocks like Meta Platforms, FedEx, General Electric, Costco Wholesale, Li Auto, Arista Networks, Vertex Pharmaceuticals, Synopsys, and CrowdStrike held up relatively well, they may not be actionable in a strong bull market. Dow Jones futures, S&P 500 futures, and Nasdaq futures will open on Sunday evening. The market correction is ongoing, and it is not advisable to make new buys at this time.
The stock market rally retreated last week, with a long-awaited pullback taking hold. The selling has been orderly for the Nasdaq and S&P 500. With the market rally pulling back, this is a time to be watching leading stocks closely, seeing which names hold up best. Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures.
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.
The stock market rally was mixed on Tuesday, with concerns about cloud-computing growth weighing on titans Amazon.com, Microsoft, and Google parent Alphabet. However, medical products and services looked strong, with Intuitive Surgical, Align Technology, and Zimmer Biomet all flashing buy signals, along with homebuilders D.R. Horton, Meritage Homes, Lennar, Tri Pointe Homes, and Pulte Group. The Labor Department will release the CPI inflation report at 8:30 a.m. ET, which is expected to show the consumer price index rising 0.3% in March, with the annual CPI inflation rate cooling to 5.2% from February's 6%.
Dow Jones futures and S&P 500 futures fell after weak economic data raised recession fears for a second straight session. Declining stocks decisively beat winners, with many leading stocks such as On Holding, MarketAxess, and PagerDuty tumbling. Tesla skidded for a third straight day, triggering the automatic sell rule. Bank stocks came under more pressure, while medical names and other defensive growth or defensive plays looked relatively strong. Investors should be looking to protect profits and cut losses.
Dow Jones futures rose along with S&P 500 futures and Nasdaq futures after a strong session for the stock market rally. A number of stocks are flashing buy signals, including Micron stock, Microsoft, Shift4Payments, Mobileye Global, STMicroelectronics, Wynn Resorts, DraftKings, Rambus, Skyline Champion, and Workday. The stock market is gaining some steam as the bank crisis appears to have peaked while Fed rate hikes are over, or nearly so.