Dow futures were trading lower, while technology futures sold sharply on Monday morning. The 10-year Treasury yield continued to rise, on course to extend the winning streak to seven sessions. US oil prices fell nearly 4% to trade below $95 a barrel. Twitter shares fell after Tesla CEO Elon Musk decided not to take over as the company’s CEO. Chip leader Nvidia slipped into a rating downgrade.
X
between the Dow Jones LeadersAnd apple (AAPL) decreased by 1.1%, and Microsoft (MSFT) traded down 1% in Stock market today. Interest rate sensitive JP Morgan (JPM) And Goldman Sachs (p) were the only pre-market gainers for the Dow, posting narrow gains. The two companies report first-quarter results Wednesday and Thursday, respectively.
Twitter (TWTR) is down more than 3% on Monday morning. On Sunday, Twitter CEO Parag Agrawal said that Elon Musk refused To join Twitter’s board of directors. electric car giant Tesla (TSLA) slipped nearly 5% in the early hours of Monday morning, threatening to add to Friday’s sharp losses.
Graphics Slide Maker nvidia (NVDA) is down more than 4% after Bird downgraded the stock from outperformer to neutral and lowered its price target from 360 to 225.
While battling stock market bullishness, Dow Jones financial leader American Express (AXP) – along with the alphabet (The Google), from Broadcom (AVGO), IBD Leaderboard stock watch list SolarEdge Technologies (SEDG) And coincidence (shill) – Among the biggest stocks to buy and watch on Monday.
Arista, Microsoft and Tesla IBD Leaderboard Stores. Alphabet and Tesla Stock appeared last week Stocks near the buying area pole.
Dow Jones today: Treasury yields and oil prices
Ahead of Monday’s open, Dow Jones futures lost 0.4% vs. Fair value, S&P 500 futures contract fell 0.7%. Nasdaq 100 futures sold 1.15% against stocks. Fair value in early morning trade.
within Exchange Traded FundsNasdaq 100 Invesco QQQ Trust Tracker (QQQ(down 1.1%, the SPDR S&P 500 ETF)spy) is down 0.6% before Monday’s opening.
On Friday, the 10-year US Treasury yield extended its gains this week, closing at 2.71%, hitting a 52-week high. The 10-year yield continued its rally Monday morning, rising to 2.76%, its highest level since March 2019.
Meanwhile, US oil prices fell nearly 4% on Monday morning with West Texas Intermediate crude trading below $95 a barrel. Virus outbreak worsens in China raises concerns about demand.
stock market rise
The stock market recorded mixed movement on Friday, the week in which The market’s upside is under pressure. The tech-heavy Nasdaq finished below the 50-day line, while the Dow Jones Industrial Average finished with modest gains.
big picture column He commented, “The Nasdaq, which fell 1.3% on Friday, ended with a loss of 3.9% for the week. This significantly affected the composite index’s three-week rebound of 11%. Another big drop could trigger a new break below the level.” 50 day moving average. In a good bull market, that’s technical.”
If you are new to IBD, consider taking a look at stock trading system And CAN SLIM Basics. Distinguish chart patterns It is one of the key investment guidelines. IBD offers a wide range of Stock Growth ListsLike leaderboard And SwingTrader.
Investors can also create watch lists, find companies near a buy pointor develop custom screens in IBD Market Smith.
Four Dow Jones stocks worth watching right now
Dow Jones Buy & Watch: American Express
Dow Jones Financial Stock American Express tracks the base of a teacup with a handle, showing 194.45 buying points. Stocks advanced 0.9% on Friday, still below the 50-day moving average line. AXP shares fell 0.7% Monday morning after JPMorgan cut the stock from overweight to neutral.
Watch the stocks line of relative strength. Amid its recent rally, the RS line is approaching its old highs, but there is still some work on it before a possible breakout. The RS line measures the price performance of a stock against a stock. S&P 500 Index. The RS line must reach a new high on the day of the breakout or shortly thereafter to confirm the strength of the stock breakout.
Four Growth Credits to Buy and Watch at Cursstock market rally
Stocks to buy and watch: Alphabet, Broadcom, SolarEdge, Shell
Tuesday’s IBD 50 stockpile to watch Pick, the alphabet, shows 2,875.97 purchase points in a cup with a handle, according to IBD Market Smith Graph analysis. GOOGL shares are off around 7% after Friday’s 1.9% drop. FANG stock is down 0.9% on Monday morning.
Broadcom stock fell 2.7% Friday, as chip stock moved below the early entry at 614.74. The stock is looking for support at the 50-day line. In the meantime, the stocks set another buy point, entry handle at 645.41. AVGO shares were trading down 1.1% on Monday morning.
IBD Leaderboard SolarEdge Technologies’ watch-list stock on Friday finished about 10% below 340.10 point buy handle cups. Shares were down 1.9% early Monday.
Oil and gas producer Shell, April 1 IBD stock today, is just below 56.23 buying points for a flat base after Friday’s 1.2% rally. Shares were down 0.2% on Monday morning.
Join IBD experts as they analyze the leading stocks in the current stock market rally on IBD Live
Tesla Stock
Tesla stock It slipped nearly 5% early Monday, threatening to extend Friday’s 3% decline. Shares of the EV giant closed Friday about 11% from a cup with a handle of 1,152.97 buying points.
The stock traded as high as 1,243.49 in November. 4. On Friday, it finished about 18%, far from its all-time high.
Dow Jones Leaders: Apple and Microsoft
within Dow Jones stockApple shares fell 1.2% on Friday, lower at 176.75 buying points on a double-bottom base. Besides this entry, the buy handle point also comes into play at 179.71. Look for a decisive move above those levels as a buy signal. AAPL stock is down more than 1% early Monday.
Microsoft’s leading software lost 1.5% on Friday, as stocks continue to build on the right side of forming a new base. Microsoft shares were trading down 1% Monday morning.
Make sure to follow Scott Lehtonen on Twitter at Tweet embed Learn more about developing stocks and the Dow Jones Industrial Average.
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