Stock Market Today With IBD
Investor's Business Daily
A roundup of the most compelling market action each trading day at the closing bell from Investor's Business Daily.
Episodes
Mentioned books
Aug 1, 2023 • 17min
Stocks Show Resilience; Arista Networks, Allegro MicroSystems, Oracle In Focus
The major indexes were mixed Tuesday amid a flurry of earnings. Despite Treasury yields and the dollar running up again, the Nasdaq’s losses were modest. Arista Networks was a big earnings winner while EV-exposed chipmaker Allegro MicroSystems sold off. Oracle is trading tightly, near an early entry. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 31, 2023 • 20min
Stocks Take Breather After Rebound; UiPath, United Rentals, Trip.com In Focus
After a strong rebound on Friday, indexes took a breather with tight action on Monday. Enterprise software remains a leading group and UiPath broke a downtrend in a handle white over in the construction space United Rentals showed similar action. Meanwhile, Chinese names continue to power higher and Trip.com is benefitting from that thrust as well as the pent-up demand for travel. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 28, 2023 • 17min
Stocks Rebound for Solid Week; Marvell, SLB, Tesla In Focus
Despite Thursday’s ugly downside reversal, the major indexes had solid-to-strong weekly gains. Marvell Technology and SLB are trading near possible entries. Tesla stock has forged a handle buy point, but could use a longer pause to recharge. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 27, 2023 • 18min
Stock Market Reverses Lower After Strong Start; NXT, Caterpillar, TT Hold Up
After rising 1.6% intraday, the Nasdaq composite reversed lower in higher volume, adding another distribution day to the count. Breadth was negative even when the Nasdaq was positive. Nextracker cleared a short consolidation on strong earnings; Trane is just below a handle entry and CAT is in a buy zone. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 26, 2023 • 12min
Indexes Hold Firm After Fed Hikes Rates Again; Paylocity, Boeing, Dynatrace In Focus
The Federal Reserve, as expected, hiked the federal funds rate by another 25 basis points to a range of 5.25% to 5.50%. The Nasdaq held up well even as several chip stocks came under heavy selling pressure. Paylocity is trading tightly after a big move, while Boeing and Dynatrace are still in buy zones. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 25, 2023 • 21min
S&P 500 Hits Rally High As Earnings Ramp Up; Miniso, Nucor, Synopsys In Focus
The Dow extended its win streak to 12 sessions, the S&P 500 hit a fresh rally high while the Nasdaq led Tuesday’s gains. Earnings season is about to hit fever pitch, with the Fed expected to hike rates Wednesday. Miniso, Nucor and Synopsys are three stocks flashing buy signals. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 24, 2023 • 19min
Markets Calm Before Earnings Storm; DraftKings, Halliburton, O’Reilly In Focus
Energy helped bolster the S&P 500 and Dow Jones Industrial Average on Monday while the Nasdaq composite continued to digest gains above 14,000. DraftKings is tightening up ahead of its earnings next week. Halliburton is among energy stocks coming back to life and O’Reilly has an attractive earnings stability. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 21, 2023 • 12min
Market Rally Still Strong; Dow Giants Microsoft, Boeing, Visa On Tap On Tap.
Despite Thursday’s growth stock sell-off, the major indexes are all near 15-month highs. A market pause or pullback would be healthy, creating new buying opportunities. A massive wave of earnings reports are on tap next week, including Microsoft and fellow Dow giants Boeing and Visa. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 20, 2023 • 18min
Dow Leads, Nasdaq Falls On Earnings. Novo Nordisk, Taiwan Semi, CrowdStrike In Focus
Earnings drove a wedge between the major indexes, with results lifting the Dow and hitting the Nasdaq. Taiwan Semiconductor contributed to tech woes, while CrowdStrike wiped out recent gains. But the Nasdaq and growth stocks generally look strong stepping back. Meanwhile, Novo Nordisk flashed a buy signal. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 19, 2023 • 14min
Tight Action For “Won’t Back Down” Market; Caesar’s, Lululemon, SLB In Focus
The major indexes saw a lot of back-and-forth action but in the end, it refused to give up gains. While a lot of tech-related names are extended, non-tech firms are continuing to show strength as the rally broadens. Caesar’s Entertainment and Lululemon both showed breakouts and SLB looks like it could be taking a well deserved pause before another run. Learn more about your ad choices. Visit megaphone.fm/adchoices
