Dow Jones stocks Apple (AAPL), Microsoft (MSFT) and UnitedHealth (UNH) reclaimed their 50-day lines Wednesday as the stock market staged a furious rally. A fourth Dow Jones stock, Nike (NKE), is near a buy point. Separately, embattled Facebook (FB) rebounded late after Facebook CEO Mark Zuckerberg answered questions. Dow Jones, Nasdaq and S&P 500 futures signaled modest gains late. X Stock Market Action Wednesday's stock market action was encouraging. After plunging at the open as China announced retaliatory tariffs, the Dow Jones rebounded more than 700 points from its low, and the S&P 500 index found support again at its 200-day line. The Nasdaq composite advanced 1.45%. This is the second day of a rally attempt within a stock market correction. A confirmed uptrend has not yet taken hold. Investors should work on their watch lists of the best stocks, top-rated names setting up in bullish patterns. Also, read the Stock Market Today and The Big Picture every day to stay in … [Read more...] about These 3 Dow Jones Stocks Reclaim Key Support While This 1 Is Near A Buy; S&P 500 Futures Move
Boeing (BA) helped spearhead a decent rebound for stocks on Tuesday as the Dow Jones industrial average component rose 8.38, or 1.7%, to 330.82 and retraced all of Monday's 1.9% drop. At least nine of the Dow industrials' 30 components advanced 2 points or more. X Boeing recouped all of Monday's losses. While the Dow industrial average component is now spending its fourth week trading beneath the 50-day moving average, such action is normal for a big market leader that's taking a break. Watch for a potential new base to form, which sets up a potential buy point. But breakouts tend to work much better when the market status exits a correction. The Dow transports jumped more than 2%, suggesting that the greater economy is still fine. Last week, U.S. fourth-quarter GDP was revised to a 2.9% lift, up from the first revision of a 2.5% increase and better than the Econoday consensus forecast. The Nasdaq composite rallied 1%, just below a 1.3% gain for the S&P 500. The Dow utility average … [Read more...] about Dow Jones Rallies As Bitcoin, Techs Rebound; What Is The Next Play For Boeing?
Stock futures were mixed for the Dow Jones, S&P 500 index and Nasdaq 100 on Sunday. Walmart (WMT) reportedly is in talks with Humana (HUM), President Trump continued to hammer Amazon (AMZN) and make new threats to scrap the Nafta trade agreement. Tesla (TSLA) faced more negative headlines ahead of Model 3 production figures. X The stock market entered a correction last week as the S&P 500 index and Dow Jones tested their 200-day moving averages and many leading tech stocks suffered serious damage. But the major averages rebounded. The S&P 500 and Dow Jones surged more than 2% for the week while the Nasdaq composite gained 1%. Stock Futures Mixed Stock futures pointed to a 0.1% vs. fair value for the S&P 500 index. Dow Jones futures were 0.2% higher. Nasdaq 100 futures fell 0.3%. Keep in mind that extended trading often doesn't carry over to the regular session. Stock futures did not predict last Tuesday's sell-off. Stock futures did point to a solid open on Friday, … [Read more...] about S&P 500, Dow Jones Futures Active With These 4 Stocks In Focus
Top stocks Netflix (NFLX), Square (SQ), Splunk (SPLK), Diamondback Energy (FANG) and E-Trade Financial (ETFC) found support at their 50-day moving averages in Thursday's stock market rebound. They all rallied above the key level in heavy volume as the S&P 500 index and Dow Jones industrial average shot up more than 2%. That contrasts with Apple (AAPL), which hit a wall at its 50-day. Apple tumbled in the final minutes to close in the lower half of its daily range. The major stock market averages rebounded, repairing some damage. The S&P 500 index and Dow Jones found support at their 200-day moving averages. The Nasdaq composite rose above Wednesday's session high. But investors also should follow the action of top stocks. In a rally attempt you want to highly rated stocks outperforming as a sign stock market leadership. And you also want to be building a watch list for when the stock market uptrend is confirmed. These Top Stocks Are Highly Rated These top stocks deserve that … [Read more...] about Netflix, Square, Splunk Led 5 Top Stocks Making This Bullish Move As Dow Jones, S&P 500 Rallied