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
May 4, 2023 • 12min
Stocks Knocked Lower On More Banking Fears; Shopify, Lantheus, AEM In Focus
The SPDR Regional Banking ETF dropped sharply amid liquidity concerns for PacWest Bancorp and Western Alliance. Volume rose on the NYSE, giving the S&P 500 another distribution day. Shopify and Lantheus were earnings standouts, while gold producer Agnico-Eagle Mines cleared a cup-with-handle base. Learn more about your ad choices. Visit megaphone.fm/adchoices
May 3, 2023 • 18min
Stocks Reverse Lower After Fed Hikes Rates Again; Uber, ELF, INSP Attract Buyers
Stocks were volatile after the Federal Reserve, as expected, raised the fed funds rate by another 25 basis points to 5% to 5.25%. But recession concerns are still out there in spades. Buyers pushed Uber higher again after a bullish Q1 report; ELF recovered after an early downdraft, while Inspire Medical jumped on earnings. Learn more about your ad choices. Visit megaphone.fm/adchoices
May 2, 2023 • 17min
Indexes Pull Back On Banking Woes; Gold miner ETF, Marriott, Arista Networks In Focus
The major indexes fell heading into the Fed meeting decision, with banks plunging and energy stocks selling off. Gold plays did well, including the gold miner ETF GDX. Marriott broke out on earnings amid positive travel trends. Arista Networks became the latest growth stocks to plunge on earnings. Learn more about your ad choices. Visit megaphone.fm/adchoices
May 1, 2023 • 20min
Indexes Pause Ahead Of Fed Meeting; On Semi, Weatherford, Dynatrace In Focus
Indexes took a breather after the strong gains closing out the prior week. Not unexpected for things to go quiet before the Fed Meeting on Wednesday. On Semiconductor is bouncing back after earnings, but Weatherford reversed from a breakout while Dynatrace is setting up ahead of its earning in a few weeks. Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 28, 2023 • 20min
Stock Market Extends Rebound; AMD, InMode, Dexcom Near Buy Points
Indexes closed out the week with decent gains, with market breadth strong late in the week. AMD and InMode are setting up, but both have earnings next week. Dexcom fell Friday on results, but is not far from a buy point. Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 27, 2023 • 17min
Nasdaq Surges, Helped By META Results; Mastercard, Boyd Gaming, IBP In Focus
Indexes strengthened and closed near session highs as large-cap technology stocks outperformed again. Advancing stocks beat decliners on the Nasdaq by around 2-to-1. Mastercard rallied on earnings; strong earnings from Churchill Downs helped lift Boyd Gaming, while Installed Building Products reclaimed a buy point. Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 26, 2023 • 17min
Tech Rally Fades After Strong Start; Microsoft, Skechers, Zimmer Biomet In Focus
Sellers were in the stock market again after Tuesday’s selloff. The Nasdaq composite pared a 1.4% intraday gain to 0.5% by the close despite a strong quarter from Microsoft. Skechers and Zimmer Biomet continue to show relative strength. Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 25, 2023 • 12min
Indexes Sell Off As Fears Grow; Rambus, ServiceNow, BJ’s Wholesale In Focus
The major indexes suffered damage on banking and China fears ahead of big earnings. Leading stocks were worse, with Rambus plunging and ServiceNow testing key support. BJ’s Wholesale is holding near a buy point. Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 24, 2023 • 21min
More Breakouts But No Volume; Hologic, Southern Copper, Alamos Gold In Focus
While some of the technical action is improving in stocks, volume is strikingly missing. Hologic showed a breakout today with decreasing volume and Souther Copper and Alamos Gold got health bounces without volume. Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 21, 2023 • 17min
Indexes Quiet Ahead Of Earnings Flood; Arista Networks, TJX, JPMorgan In Focus
The major indexes continued to trade tightly over the latest week, but a flood of earnings could be a market catalyst up or down. Arista Networks is trying to find support with key customers on tap. TJX is flashing early entries. JPMorgan is battling back. Learn more about your ad choices. Visit megaphone.fm/adchoices
