Dow Jones futures edged higher after hours, along with S&P 500 futures and Nasdaq futures as Apple (AAPL) and Amazon.com (AMZN) headlined key earnings overnight. The October jobs report is on tap. The stock market rally had a damaging day, with all the major indexes breaking or testing key levels. The Nasdaq led the sell-off…
The Dow Jones Industrial Average fell Wednesday as McDonald’s (MCD) got battered amid an E. coli outbreak. Coca-Cola (KO) and Boeing (BA) fell on the stock market today following earnings reports. And legendary Berkshire Hathaway (BRKB) Chief Executive Warren Buffett issued a warning to investors. The Dow came under early pressure, falling more than 200…
The Dow Jones Industrial Average backed off record levels Monday amid news on the replacement of Walt Disney (DIS) Chief Executive Bob Iger. Boeing (BA) moved higher on word of a potential strike deal, while Nvidia (NVDA) touched new heights. And Humana (HUM) and Cigna (CI) had contrasting fortunes amid reports of merger talks on…
MercadoLibre MercadoLibre MELI $10.59 0.51% 7% IBD Stock Analysis Still working on flat base with potential 2161.73 buy point MELI finding support at 21-day/50-day line Trendline and Oct. 11 high offer aggressive entries Composite Rating Industry Group Ranking Emerging Pattern Flat Base * Not real-time data. All data shown was captured at 10:46AM EDT on…
U.S.-listed China tech stocks fell in Tuesday trading, as investors debated whether government stimulus plans can reignite growth for the Chinese economy. Alibaba (BABA) stock and shares of JD.com (JD) and Baidu (BIDU) were each lower in higher-than-average trading volume. American depositary receipts for China’s largest tech firms surged starting in late September, after the…
Bull put spreads continue to work well in this market. So today we’re looking at another example with Shopify (SHOP). This trade in Shopify stock could earn $90 per contract immediately. ↑ X NOW PLAYING Najarian Explains How To Put On Options For Profit And Protection Shopify recently broke out to a new high. Plus,…
Reddit Reddit RDDT $3.06 4.54% 178% IBD Stock Analysis Clearing 69.11 buy point in heavy volume Relative strength line not at highs, but on the upswing Revenue growth accelerating for past three quarters Composite Rating Industry Group Ranking Emerging Pattern Cup with Handle * Not real-time data. All data shown was captured at 11:25AM EDT…
Costco stock slid in late trade after posting mixed results for its Q4 report after Thursday’s closing bell. Costco Wholesale (COST) reported earnings of $5.29 per share to beat FactSet estimates of $5.08 per share. The company reported earnings of $4.86 per share for Q4 2023. Revenue increased 1% to $79.69 billion, shy of views…
U.S.-listed China tech stocks are surging again Thursday, following reports the Chinese government is planning further stimulus to boost the world’s second largest economy. E-commerce giant JD.com (JD) stock broke out, while Alibaba (BABA), PDD Holdings (PDD) and Baidu (BIDU) added to recent rallies. ↑ X NOW PLAYING AI Levels Up: Inside The Chips Driving…
The Dow Jones Industrial Average showed underlying strength again in the stock market today. The blue-chip index added around 0.6% despite a 2% decline for Boeing (BA). Shares lagged after the Machinists union overwhelmingly voted to reject an offer from Boeing that included a 25% pay increase over the next four years. ↑ X NOW…