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After Musk said the company’s legal team accused him of violating a nondisclosure agreement, the company’s stock dropped more than 4%. On Friday, Musk said that his $44 billion deal to acquire Twitter was on hold due to questions about the number of fake accounts.

The electric-vehicle giant was down around 1% Monday.

Apple and Microsoft were both down in today’s stock market. McDonald’s shares fell a fraction after the company said it would stop doing business in Russia because of the invasion of Ukraine.

As the stock market correction attempts to find a bottom, the leaders of the DOW Jones are among IBD’s.

IBD has Eli Lilly and Microsoft as its top stock. Last week’s Stocks Near A Buy Zone column had Exxon and Merck in it. Eli Lilly was the day’s stock of the day.

The yield on the Treasury and the price of oil were mentioned by the Jones.

The S&P 500 fell 0.7% after Monday’s open while the Dow Jones Industrial Average fell 0.6%.

Invesco QQQ Trust fell 0.9%. The S&P 500 index fell.

The yield on the 10-year Treasury fell to 2.9% Monday morning. The 10-year Treasury yield jumped to 2.93% on Friday, snapping a four-day losing streak. West Texas Intermediate crude held above $109 a barrel after three days of gains, while the U.S. oil prices shed less than 1%.

The stock market is trying a rally.

The major stock indexes finished the day with gains. The stock market gained 1.5%, snapping a six-day decline, while the index gained 3.8%.

While many investors have raised quite a lot of cash and are afraid to touch equities, the market still needs a new host of excellent companies that show the key elements of CAN SLIM investing: rising fundamentals, out performance vs. most stocks.

If you’re new to IBD, you should take a look at its stock trading system and CAN SLIM basics. One of the keys to the investment guidelines is to recognize chart patterns. IBD has a wide range of growth stock lists, such as Swing Trader.

You can create watchlists, find companies near a buy point, or develop custom screens at IBD MarketSmith.

There are five DOW Jones stocks to watch.

The stocks to watch are: Chevron.

According to a chart analysis by IBD MarketSmith, Chevron is in a flat base that has a 174.86 buy point. CVX shares were up 1.9% Friday, extending their winning streak to four sessions. The shares regained their 50-day line and are just 4% away from the latest entry. The shares of the oil company rose 1% Monday morning.

The drug leader remains above the cup-with-handle’s 89.58 buy point. The 5% buy area went up to 94.06. Early Monday, the shares were up nearly 1%. The stock’s relative strength line hit a new high last week, indicating that the stock market is performing better than the rest of the economy.

MRK stock has a perfect 99 IBD Composite Rating, which can be used to gauge a stock’s quality.

There are three growth stocks to watch in the stock market correction.

Exxon, Eli Lilly, and Cheniere are some of the companies that are to watch.

Even though Cheniere Energy continues to trade below its 50-day line, it is one of the top stocks to watch. The flat base that shows a 149.52 buy point is visible on the chart, as shares moved up 2.7% Friday but remain below their 50-day line. The shares moved up Monday.

Eli Lilly is trying to maintain its 50-day line by holding just above a prior buy point. The stock hit a new high last week. The stock of Eli Lilly was up 1%.

Exxon Mobil is below a cup-with-handle’s buy point despite a 3% gain on Friday. The stock found support at the 50-day line. XOM shares rose Monday.

A cup with a handle has a buy point of 477.36. After Friday’s rise, shares are close to their 50-day line. Early Monday, the shares were up 0.4%.

Join the experts as they analyze the current stock market correction on IBD Live.

The stock of the company is listed on the stock exchange.

Following Friday’s gain, the stock lost 1% Monday morning. The stock is below their 50- and 200-day lines.

The stock was at an all-time high of 1,243.49 on Nov. 4.

Apple, Microsoft are the leaders in the index.

Apple shares rebounded more than 3% on Friday after falling to their lowest level in more than a year on Thursday. The stock is 20% off of its high. Apple stock was down Monday.

Microsoft rose 2.3% on Friday, ending a two-day slide. The stock was off 25% from its high. MSFT shares were down on Monday morning.

Scott Lehtonen can be followed on social media for more on growth stocks.

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