Stock Market Today With IBD Indexes Find Support As Oil Swings Wildly; Teradyne, Caterpillar, Sphere In Focus
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Mar 9, 2026 Markets find support amid wild oil swings tied to geopolitical headlines. Nasdaq holding key technical lines while short-lived reversals warn caution. Sector rotation shows chip strength, gold miner recovery, and Bitcoin searching for a bottom. Movers to watch include Teradyne at its 50-day, Caterpillar on temporary weakness, and Sphere after a strong earnings gap.
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Prepare A Watch List Before A Follow Through
- Prepare a watch list and be ready to act if a true follow-through materializes, rather than chasing headline-driven spikes.
- Identify stocks holding key moving averages or pivots so you can probe positions if multiple-day support appears.
Wait For A Confirmed Follow Through Day
- Wait for a multi-day hold and a heavier-volume notable gain before committing significant capital to a rally attempt.
- Typically treat today as day one and look for a follow-through by day four before increasing exposure.
Breadth Improved As Equal Weight Indexes Reversed
- Equal-weighted indexes showed improving breadth with EQAL and RSP reversing, not just mega-cap leadership.
- The Russell's intraday recovery from deep losses to a positive close signaled notable breadth strength today.