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Abbott Laboratories, ASML, and Baker Hughes were the top earningsMovers Wednesday morning. Abbott stock fell. ASML stock increased in value. BKR shares dropped in the morning.
The company announced a five-year plan to double revenue. After Tuesday’s 4.7% tumble, the social networking site was down more than 1%. The electric-vehicle giant lost 2% on Wednesday.
Apple and Microsoft were up in the stock market.
Despite the stock market rally, American Express and Caterpillar are still the leaders of the DOW Jones.
IBD has Microsoft andTesla on their list of top stocks. This week’s Stocks Near A Buy Zone column featured Caterpillar and Edwards Lifesciences. On Monday, he was also Monday’s IBD stock of the day. Caterpillar is a stock on Swing Trader.
The Yields, Oil Prices, and Dow Jones today.
The index rose after Wednesday’s open. The S&P 500 erased early gains and the Nasdaq dropped in morning trade.
The Invesco QQQ Trust lost 0.6%. The S&P 500 exchange traded fund ran up.
The yield on the 10-year Treasury fell to 2.89% Wednesday morning after climbing to 2.91% Tuesday, its highest level since December. Texas Intermediate crude traded around $104 a barrel, as U.S. oil prices were up more than 1%.
The stock market rallied.
The stock market ended Tuesday with gains, ending a two-day losing streak.
The Big Picture said that Tuesday’s rebound saw the index rip almost 2% higher. Small caps beat large caps. The key exchange traded fund was almost back above its 50-day moving average after a 2% rebound. The S&P 500 and the Industrial Average made gains.
If you’re new to IBD, you should look at its stock trading system and CAN SLIM basics. One key to the investment guidelines is recognizing chart patterns. IBD has a wide range of growth stock lists.
The investors can create watchlists, find companies nearing a buy point, or develop custom screens at IBD MarketSmith.
There are five Dow Jones stocks to watch.
The earnings are from Procter & Gamble.
The results of the company were reported early Wednesday. The company had a 1.15% gain in morning trade after topping earnings and sales estimates.
The cup has a buy point of 161.31.
American Express, Caterpillar are some of the stocks that are to buy and watch.
American Express is showing a buy point at a cup-with-handle base. During Tuesday’s 1.5% gain, the stock regained its 50-day line. AXP shares were up more than 1%.
Caterpillar is in a buy range past a cup-with-handle’s 227.15 buy point. The 5% buy area went up to 238.51. The stock’sRS line is at its highest level in over a year. The shares were up.
The current stock market rally has four top growth stocks to watch.
There are stocks to buy and watch.
Edwards Lifesciences is close to a cup with handle’s 125.21 buy point following Tuesday’s 4.4% rise. The shares were higher Wednesday morning.
After Tuesday’s 1.1% decline, Murphy Oil closed at an ascending base’s 43.30 buy point. The stock has a perfect 99 IBD rating. Early Wednesday, shares were up 2%.
After shares inched higher Tuesday, defense contractor Raytheon Technologies finished just above a flat base’s 104.44 buy point. The shares were up 1.3%.
Shell, the April 1 IBD Stock Of The Day, is moving higher in the buy range above a flat base’s 56.23 buy point after Tuesday’s 1.3% rise. The 5% buy area goes up. SHEL shares fell.
In the wake of Tuesday’s 3% advance, the stock is still barely in the 5% buy range past a cup with handle’s 408.83 buy point. The buy area goes up. A key sign of market leadership is the stock’s relative strength line. ULTA shares were up 1%.
The earnings of the company.
The earnings report was mixed. Sales missed targets. The company lost 200,000 subscribers in the March quarter. 2.5 million new subscribers were predicted by analysts and the company.
The shares of the company plunged Wednesday morning. The stock is 50% off its high.
The experts from IBD analyze the current stock market rally on IBD Live.
The earnings ofTesla are due.
The stock fell 2% Wednesday morning. The results of the EV giant will be reported late Wednesday. The company is expected to earn $2.26 a share on revenue of $17.65 billion.
The EV giant’s shares were close to the cup-with-handle’s buy point. The stock traded as high as 1,243.49 on November 4.
Apple, Microsoft are the leaders of the index.
Apple shares triggered the loss-cutting rule from a 176.75 buy point in a double- bottom base last week. The latest entry to watch is a handle buy point. The stock was up in the morning.
Microsoft is below its 50- and 200-day lines. The stock is 20% off its high. MSFT shares were up early Wednesday.
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