Stock Market Today With IBD

The Nasdaq fell back below its 50-day line, joined by the S&P 500. Nvidia continued to advance, flirting with new entries, even as many other leading stocks struggle. Oracle flashed an early entry, though. But On Holding once again sold off on earnings.  Learn more about your ad choices. Visit megaphone.fm/adchoices

The Nasdaq composite outperformed even as the 10-year yield rallied for the third straight session. Nvidia jumped above its 50-day line after a tough week. Stocks to watch include Adobe, which is holding support at its 10-week line, along with Fluor and Atlassian, which are holding gains well after big earnings moves.  Learn more about your ad choices. Visit megaphone.fm/adchoices

The major indexes were mixed last week but the Nasdaq fell below its 50-day moving average, with Nvidia and many other tech growth stocks doing the same. The S&P 500 is still holding the 50-day line as non-tech sectors hold up, but it is hitting 21-day resistance. JPMorgan and Flowserve are both near buy points. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Nasdaq composite jumped 1.6% during the first half hour of trading, but sellers eventually had the upper hand. The 10-year Treasury yield reversed sharply higher after hitting a low of around 3.96%. TechnipFMC is trading tightly near highs after a strong breakout; Lululemon is near the top of a lengthy consolidation, and Martin Marietta is still in a buy zone. Learn more about your ad choices. Visit megaphone.fm/adchoices

Several leading growth stocks fell hard again, weighing on the Nasdaq composite, which closed below its 50-day moving average for the first time since January. Oil and gas stocks outperformed again, including oil driller Valaris. Truck maker Paccar is in an alternate buy zone, while Interactive Brokers is near the top of a 21-week consolidation. Learn more about your ad choices. Visit megaphone.fm/adchoices

The major indexes retreated, with the S&P 500 and Nasdaq nearing their 50-day moving averages before paring losses. Many leading growth stocks suffered hefty losses, including MongoDB. But market rally leader Nvidia continues to hold strong. SLB is flirting with a buy point after a brief shakeout Tuesday morning. Learn more about your ad choices. Visit megaphone.fm/adchoices

Major indexes were a little “whippy” early in the session but managed to finish with solid gains. Though the uptrend is under pressure, there are sectors and stocks resisting that pressure. MercadoLibre and United Rentals followed up on early entries and a pullback in Airbnb has been orderly. Learn more about your ad choices. Visit megaphone.fm/adchoices

The major indexes tried to bounce Friday but reversed lower despite tumbling Treasury yields. That capped a tough week for the market rally, which is under pressure. That’s providing an opportunity for leading stocks to set up, including Broadcom, Delta Air Lines and Toll Brothers, investors should be cautious. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Nasdaq composite fell nearly 0.7% intraday but pared losses by the close ahead of Friday’s employment report. Investors sold bonds again, sending the 10-year Treasury yield sharply higher. Earnings reports from Apple and Amazon.com took center stage after the close. Stocks to watch include On Holding, Costco and Ameriprise Financial. Learn more about your ad choices. Visit megaphone.fm/adchoices

A wave of selling hit the stock market Wednesday after Fitch downgraded the U.S credit rating to AA+ from AAA. The 10-year Treasury yield hit its highest level since November and sellers swarmed around leading growth stocks. Vertex Pharmaceuticals had a positive response to earnings; Ollie’s Bargain Outlet is trading tightly near highs and insurer Arthur J. Gallagher is in a buy zone. Learn more about your ad choices. Visit megaphone.fm/adchoices