Dow Jones futures, along with the S&P 500 and Nasdaq 100 futures, fell late Tuesday as Georgia citizens continued to vote to decide on The pivotal run-off elections. Apple shares rebounded after triggering a sell signal from a buy point, while Tesla targeted more record highs after a price target hike after the close on Tuesday. JD.com jumped to a breakout above a new buy point.
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The stock market rally recovered part of the losses from Monday’s sell-off, as it continued to trade away from record highs. The Dow Jones Industrial Average rose 0.55%, or 167 points, while the S&P 500 index gained 0.7%. The heavy Nasdaq composite index rose 0.95%.
between the Dow Jones leadersAnd the an Apple (AAPLIt gained 1.2%, while Microsoft (MSFT) Rose higher. Apple shares launched a major selling base on Monday.
Tesla (TSLAIncreased 0.7% to extend the winning streak to eight sessions. JD.com (DinarIncrease 10.6% to cross new buy point and move into buy range.
Stocks in or near buying areas at the current stock market rise are NVidia (NVDA), Pinterest (Pins) And the Targeting (TGT).
Apple, Microsoft, Target and Tesla Stock IBD Leaderboard. Pinterest is a file IBD SwingTrader Stock and Also appeared In this week The stocks are near the buying area pole. JD.com and Nvidia were this week IBD stocks today Selections.
Dow Jones Futures Today: Georgia Vote
Late Tuesday, Dow Jones futures, along with S&P 500 futures, were down 0.1% each against fair value. Nasdaq 100 futures rose lower. Remember to trade in Dow Jones Futures And anywhere else it does not necessarily translate into actual circulation in the next normal cycle Stock market session.
Tuesday’s result in Georgia will determine whether Republicans rule the Senate or Democrats regain the majority. Polls will close in Georgia at 7 PM ET. The The New York Times Will start making predictions after the polls close.
Among the ETFs, Innovator IBD 50 (fiftyJumped 2% on Tuesday. The Nasdaq 100 Invesco QQQ Trust ETFQQQUp by 0.8%. Meanwhile, the SPDR S&P 500 ETF (spyIt rose 0.7%.
Amidst the stock market rally due to the Coronavirus, major stock indices appeared to be recovering from a rough start to 2021. The tech-heavy Nasdaq ended 2020 up 43.6%, its best year since 2009. The S&P 500 index rose 16.3%, while advancing DJIA 7.2%.
An overview of the US stock market today |
||||
|---|---|---|---|---|
| index | Code | price | Profit / loss | % They change |
| Dow Jones | (0DJIA) | 30391.60 | +167.71 | +0.55 |
| Standard & Poor’s 500 | (0S & P5) | 3726.86 | +26.21 | +0.71 |
| Nasdaq | (0NDQC ) | 12818.96 | +120.51 | +0.95 |
| Russell 2000 | (etc.) | 196.62 | +3.12 | +1.61 |
| IBD 50 | (fifty) | 41.51 | +0.83 | +2.04 |
Last update: 4:36 PM ET 5/1/2021 |
||||
Coronavirus updates
according to Worldometer data trackerThe cumulative number of confirmed coronavirus cases in the United States surpassed 21.4 million on Tuesday. The total deaths associated with the virus have risen to more than 364,000.
The cumulative total of confirmed Covid-19 cases worldwide since the start of the outbreak surpassed 86.6 million on Tuesday, with more than 1.87 million deaths linked to the virus.
Coronavirus stock market rally
Given the current bullish trend, November has been a major month for the stock market. IBD’s The Big Picture Marking a new bullish trend after the day of bullish market follow-up on November 4th. Meanwhile, the year 2021 begins with stocks rising from their all-time highs. Be sure to check out World Bank stock market forecast for 2021.
The big picture for Monday He warned that “the stock market got a bad start until 2021, as the indices fell with losses and were left in the face of a technical test that could determine the direction of the market. The indices broke the gentle upward trends that they carried until the end of 2020 with sharp declines on Monday. The indices fell by more than 1% and some sector indices performed much worse. “
Investors should continue to use stock market power to buy breakouts. Be patient and wait for strong breakouts rather than chasing the extended stocks. If new hacks work, add more exposure. But if the breakouts start to fail, you can hold back.
In particular, focus on stocks with strong relative strength. Find it using Relative strength line. The RS line measures the stock price performance against the S&P 500 Index. If the stock outperforms the broader market, the RS line tilts upward. If the stock is performing worse than the broad market, the line will indicate a decline.
ETF Stock Market Strategy and How to Invest
Dow Jones stocks worth watching: Visa
Stock today, Wednesday IBD, Visa, just below the buy zone 5% after 217.75 Point purchase In a flat base, according to IBD Market Smith Graph analysis. The buying area increased to 228.64.
Shares are down 1.5% on Tuesday and about 1% below the entry level.
Stocks in or near buy territories: JD, Nvidia, Pinterest, and Target
Today’s stocks are Tuesday from IBD, JD.com, broke above 92.87 long Tuesday, up 10.6% to 95.50. Buy zone increases 5% to 97.51, so stocks are in direct buy range.
Early Tuesday, Stifel upgraded the stock from waiting to buy with a target of 105. Meanwhile, the New York Stock Exchange on Tuesday reversed course, saying it would not now remove shares of the three largest state-owned telecom companies in China.
Monday stock from IBD, Nvidia, is trying to reclaim its 50-day main streak, which has been acting as resistance since early December. The graphic chipmaker is moving to the right of the flat base at 587.76 buy point amid Tuesday’s 2.2% rally.
The real drawback is the weak RS line of the stock. The RS streak is far from its old heights, indicating a severe underperformance. The Relative Strength Line measures the performance of the stock’s price against the broad market.
IBD SwingTrader Pinterest stock extended its rebound from its 10-week streak on Tuesday amid a 0.5% gain.
to me Inventory check for IBDAnd the Pinterest Stock Shows 92 of the complete 99 IBD compound classification. A composite rating – an easy way to identify the highest-growing stocks – is a combination of key technical and fundamental metrics to help investors gauge a stock’s strengths.
IBD Leaderboard Member Target attempts to breakout above 234.65 buy in a Flat base, to me IBD Market Smith Graph analysis. Shares briefly broke above the new buy point, but closed below the buy point with a gain of 1.5%.
According to the Leaderboard commenting, “The previous pattern was a bit short for a flat base, unless you extended the definition and counted 25 days since the high of the October 13 close. But now the stock has a legitimate firm base to work with. It stretches from the ten-week line and the new rule is the third stage. “.
IBD Live: a new tool for daily stock market analysis
Tesla Stock
IBD Leaderboard Tesla stock again approached record highs on Tuesday with a 0.7% gain. Shares extended the winning streak to eight sessions. The stock jumped nearly 2% after the close on Tuesday when Morgan Stanley raised its target price to 810.
On December 17th, Tesla stock hit a record high of 744.49 which is 1% lower than its all-time high. Shares are up as much as 59.8% from 466 buy-in points.
Dow Jones Leaders: Apple and Microsoft
From among the top Dow Jones StocksApple is trying to recover after activating its 7% -8% loss-cutting rule during Monday’s heavy sell-off. Shares are down more than 7%, below 138.08 points at the base of the cup Point purchase That day, according to IBD Market Smith Graph analysis.
Stocks rebounded 1.2% on Tuesday. In recent weeks, Apple shares have moved above strong entry points at 125.49 and 122.09.
Apple is IBD Leaderboard stock. According to Leaderboard’s comment, “The alternative entry is in the lower half of the base but the RS streak is improving. Apple nearly doubled the breakout in April and it will be difficult to replicate this run. The base is the third stage, which is a reason to lower expectations this time.”
Software giant Microsoft rose 0.1% on Tuesday, as stocks continued to approach 228.22 buy points. The stock finds support at the 50-day moving average line.
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