The Dow Jones index futures fell slightly on Tuesday night, as did the S&P 500 and Nasdaq index futures. Palantir.technology (PLTR) An important military contract is late. The major stock indexes rebounded on Tuesday after a strong sell-off on Monday. But this attempt at the stock market rebound has not yet been confirmed as an upward trend.
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Google shares Microsoft (Microsoft), dog (dog), Serve immediately (at this moment), Digital turbine (Program), capital (memory), Dekang (DXCM), Spin (RVLV) and UHaula’s parents America (UGAL) It is worth seeing. Usually, they will keep or rebuild continuous records for 50 days. Nonetheless, when mainstream Google was up and running, APPS stock was rebounding from 200 consecutive days of gains. letter (Google) and Microsoft stocks restored a 50-day continuous record. But these are lines of relative intensity at or near a certain height.
Google, Microsoft, and ServiceNow stocks run the IBD rankings, while DDOG stocks are on the rankings. Google, Microsoft and NOW are also perennial leaders of IBD. DXCM and Datadog stock includes 50 defects. UHAL stock-Tuesday. IBD promotion today.
The video included in this article discusses market movements on Tuesday and analyzes Datadog, Microsoft, and DXCM stocks.
Blantyre Army Contract
At the same time, Palantir announced that it had signed a $823 million contract with the US Army.
The company said in a statement: “Palantir will deploy the Palantir Gotham platform to support global military intelligence users through a globally unified data and analysis framework that includes multiple security classifications.”
PLTR shares rose 14% in the extended transaction. This should push Palantir above the 50-day and 200-day moving averages. PLTR shares rose 0.2% to 23.21.
Today’s Dow Jones Futures Contract
Dow futures fell 0.35% from fair value. S&P 500 index futures fell 0.5%, while Nasdaq 100 index futures fell 0.6%.
Remember to work overnight for Dow Jones Futures and elsewhere, this does not necessarily mean the actual distribution at the next regular meeting. The stock market period.
Analyze actionable stock market shares on IBD Live with IBD experts.
Trying to rise in the stock market
The stock market performed steadily, with major stock indexes closing slightly higher and trading volume sluggish.
At the same time, the Dow Jones Industrial Average rose 0.9% on Tuesday. Stock market trading. The S&P 500 index rose slightly more than 1%. The Nasdaq Composite Index rose 1.25%. Small-cap Russell 2000 shares rose 0.35%, slightly higher than the 200-day range and the 50-day range.
Crude oil prices continue to rise. The 10-year Treasury bond yield rose by 5 basis points to 1.53%.
Among the top ETFs, Innovator IBD 50 ETF (50) rose 1.5%, while Innovator IBD Breakout Opportunities ETF) rose 1.2%. iShares Expanded Technology and Software Fund (ETF) (IGV) rose 1.7%, with MSFT stock being the main component and ServiceNow being a noteworthy asset. VanEck Vectors Semiconductor Corp. (SMH) rose 1.4%.
SPDR S&P Metals & Mining ETF (XME (+0.7%, Global X US Infrastructure Development ETF Index) Cradle) 0.9%. The US Global Gates Fund (ETF aircraft) fell 0.7%. SPDR S&P Homebuilders ETF (XHB) rose 0.2%. Specific energy fund SPDR (SPDR ETF) XLE (0.6% Growth and Financial Select SPDR ETF) XLF) appeared 2%.
The stock reflects more speculative stories, with the ARK Innovation ETF (See You) rising 1.7% and the ARK Genomics ETF (ARKG) index rising 1.2%. ARKK rebounded from a four-month low, while ARKG rebounded from its worst level since November last year.
The 5 most noteworthy Chinese stocks right now
Notable promotions: Datadog, ServiceNow, Digital Turbine.
Datadog’s stock price rose 3.5% to 141.89 points, rebounded from 10 consecutive weeks of consecutive gains and recovered to 21 consecutive days of gains. In a more favorable market, hawkish traders can use Tuesday’s trend as an opportunity to start or increase their DDOG stock positions.
ServiceNow shares rose 2.5% to 633.42, a rebound from 50 days. By the end of this week, the stock should now be flat from the 681.20 buy point.
Digital Turbine shares rose 6.1% to 73.56, a rebound from 200 days. APPS fell with the broader market after rising for 200 consecutive days in late September.
Stocks to watch: Capital One, Revolve, Dexcom, Amerco.
COF shares rose 1.6% to 168.78. According to data from MarketSmith Analysis, the cup with a point-of-purchase handle is slightly lower than 171.60.
Securities rose 5.5% to 65.77, giving up 50 days of gains. RVLV inventory forms the bottom of the cup with a handle, and the purchase point is 72.37. In a more favorable market, as the downward trend breaks out, aggressive traders may buy youth apparel retail on Tuesday.
Dexcom shares rose 2.65% to 540.39. Unlike many healthcare companies, DXCM stock found support at the 50-day line and rebounded from that level on Tuesday. Monday’s low almost coincided with the short top of the previous consolidation.
YuKhal’s stock price rose 1.5% to 662 points, and the transaction buy point was 677.44. Amerco has a flat bottom and a longer fit.
Stocks to watch: Google and Microsoft
Google shares rose 1.8% to 2,720.46 points. It is still below the 50-day continuous record. Breaking the 50-day level may be a difficult test, especially considering that GOOGL stock is also preparing to break the 21-day antenna and break the short-term downtrend. Google’s fixed base is 2,925.17 points of purchase.
Microsoft shares performed similarly on the chart, rising 2% to 288.76 points on Tuesday. MSFT stock price is below the 50-day range, and the fixed buy point is 305.94.
Regardless of their respective importance, if Google and Microsoft can resume their 50-day cycle and move towards a breakthrough, then an attempt to rebound the stock market would be a good sign.
Market analysis
After the massive sell-off in the market on Monday, the Nasdaq index appears to be in an oversold zone and continues to operate. Therefore, although the 10-year US Treasury yield has climbed a few basis points, it is good to see a rebound in technology stocks, and Tuesday’s rebound should not come as a surprise. Compared to Monday, the volume has declined, which is not encouraging. Only one day. The rebound in low volume on Friday led to some considerable price growth, but it stabilized on Monday.
Finally, the Dow Jones, S&P 500 and Nasdaq are all below the 21-day and 50-day swings. When the index is below these levels, this is a bad sign.
Tuesday was the first day that the Nasdaq and S&P 500 indexes rebounded again, both of which hit recent lows on Monday.
But the Dow did not hit recent lows, so Tuesday is the third day of its upward attempt. Dow Jones may adjust the control day in the next trading day to confirm a new bullish trend.
The control day is a few days after the grouping attempt. This means that the trading volume is higher than the previous trading day’s strong rise in one or more major indexes, indicating that large institutions are supporting a new bullish trend. The new rebound in the market confirms this. Not all confirmed rebounds have worked, but this is a strong signal to enter the market.
Generally speaking, the S&P 500 and Nasdaq are the preferred follow-up days, but the Dow Jones FTD is effective. In addition, given that the energy and financial sectors are currently the growth leaders, perhaps a rebound led by Dow Jones is appropriate.
In addition to energy and finance, fertilizer stocks are also close to highs, travel games are recovering, recruiters are performing well, and many truck stocks are hovering near the point of purchase.
At the same time, although some technologies such as DDOG stock have found support in their 50-day continuous rise, many other technologies have not. Nvidia (NVDA), Explosion (Explosion, explosion, yes, Google stock is being tested.
Time to market for the IBD ETF market strategy
What are you doing
Well, attempts to recover the stock market continue, but these are the early days of a technological renaissance. Investors do not need to try to re-enter the market. And if there is a real basis for this rebound in the broader market, investors will have many opportunities after a certain rebound in the broader market.
If you want to increase your exposure, you can eat a green banana or a hard peach. If you are still interested in stocks, please keep small transactions and be prepared to exit quickly. You can also consider buying a wide range of ETFs instead of individual stocks.
It’s time to deal with these watchlists. Focus on relatively strong stocks by holding or retracement of key support levels. Depending on how long it takes for the market to adjust, your watch list may change dramatically.
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