Support would be bullish for the stock's prospects. Google parent Alphabet is above a 153.78 buy point in a consolidation, according to MarketSurge charts, as the stock climbed 2.2% Monday.ĭexcom fell below its 132.03 flat-base entry during last week's losses, but is still holding above its key 50-day line. These features identify bullish patterns and buy points and are available to check every day. To find more stock ideas, check IBD Stock Lists like IBD 50, Big Cap 20 and Stocks Near A Buy Zone. Meanwhile, the MarketSurge "Near Pivot" list shows stocks nearing buy points in bases. Notably, Sprouts Farmers Market ( SFM) broke out past a 65.53 buy point. It shows MarketSurge Growth 250 stocks that are breaking out past new buy points. The team surveyed a few past periods in the stock market to get a better sense of how the current market pullback is faring.Īn essential resource for daily breakouts is IBD MarketSurge's "Breaking Out Today" list. Monday's IBD Live show began with an assessment of trading conditions. Following Monday's action, be sure to check out today's The Big Picture for an updated exposure level. Now is an important time to read IBD's The Big Picture column, with the stock market outlook in a correction. Get Real-Time Buy And Sell Alerts On Stock Market Leaders With IBD Leaderboard And oil prices dipped, as West Texas intermediate futures settled just above $82 a barrel. Remember that overnight action in Dow Jones futures and elsewhere doesn't necessarily translate into actual trading in the next regular stock market session. Tech-heavy Nasdaq 100 futures were up 0.4% vs. ![]() fair value, and S&P 500 futures gained 0.3%. IBD's latest newsletter MarketDiem gives you actionable ideas for stocks, options and crypto right in your inboxĭow Jones Today: Oil Prices, Treasury YieldsĪhead of Tuesday's opening bell, Dow Jones futures rose 0.2% vs. Shares broke down below their 50-day line last week, a key sell signal.Īnd Dow Jones tech icons Apple ( AAPL) and Microsoft ended higher in today's stock market, up 0.5% each.Īlphabet, Dexcom ( DXCM), On Holding ( ONON) and Tradeweb Markets ( TW) - plus Dow Jones component American Express ( AXP) - are among the best companies to watch on the stock market today.Īlphabet and Tradeweb are featured in this Stocks Near A Buy Zone column. The tech-heavy Nasdaq composite advanced 1.1%.Īmong the Magnificent Seven stocks, Nvidia was the big winner, up 4.4% to recover a part of Friday's 10% plunge. On Monday, the Dow Jones Industrial Average moved up 0.7% and the S&P 500 rallied 0.9%. Personal spending and outlays for March are due Friday.Ĭheck Out IBD's New Exposure Levels To Help You Stay In Step With The Market Trend The first official estimate of real GDP is expected to show 2.1% growth in the first quarter, down from 3.4% in the fourth quarter.Īlong with GDP, the Bureau of Economic Analysis reports the core PCE price index. ![]() The GDP data, out Thursday, will provide the big picture. Based on the already reported inputs, the forthcoming data likely won't spell relief for the recent surge in interest rates. This week's calendar of economic data will feature first-quarter GDP and the Fed's primary inflation gauge, the Personal Consumption Expenditures price index. Packaging shares tumbled 5.2% ahead of the market open. Late Monday, Cadence Design Systems ( CDNS), Nucor ( NUE) and Packaging Corporation of America ( PKG) reported their earnings results.Ĭadence stock plunged 6%, while Nucor shares sold off 6.1% in premarket trade. Nvidia ( NVDA) rebounded, while big earnings reports this week include Microsoft ( MSFT), Boeing ( BA), Tesla ( TSLA), Meta Platforms ( META) and Google parent Alphabet ( GOOGL). ![]() Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were higher ahead of Tuesday's stock market open.
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