Stock Market Today With IBD

Stocks Jump On Iran Hopes; Kiniksa Pharma, Quanta Services, Sandisk In Focus

Mar 31, 2026
Markets jumped on Iran headlines, sparking a headline-driven rally and investor caution. They discuss follow-through day criteria and why confirmation above moving averages matters. Practical buying tactics for choppy markets get attention, including gradual entries and stop use. Stock checks include Kiniksa, Quanta Services and SanDisk, plus sector action in biotech, energy and index internals.
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INSIGHT

Big Up Days Need Follow Through

  • Markets can spike on geopolitical headlines but that doesn't necessarily break longer-term downtrends.
  • Ed Carson and Alissa Coram note Tuesday's big bounce came after President Trump signaled a possible off-ramp for the Iran war, but they caution one day doesn't confirm a lasting reversal.
ADVICE

Wait For A Follow Through Day

  • Wait for a follow-through day as confirmation before assuming a new uptrend; look for major indexes to rise ~1% on higher volume.
  • Use that follow-through plus moves above moving averages as actionable signals to add positions gradually.
ADVICE

Use Moving Averages As Checkpoints

  • Use moving averages as concrete checkpoints: aim for closes above the 21-day, then 50-day and 200-day lines.
  • Alissa Coram advises monitoring whether lows stay above these lines before increasing exposure.
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