Dow Jones index futures fell slightly with the S&P 500 and Nasdaq index futures on Tuesday night. Palantir technology (PLTR) Delayed the start of major contracts with the military. The leading index rebounded on Tuesday after a massive sell-off on Monday. However, this attempt to rebound the stock market has not yet been confirmed as an upward trend.
National Service
Google stocks, Microsoft (Microsoft), Data dock (dog), Serve immediately (Nowadays), Digital turbine (application), Capital one (memory), Dekang (DXCM), turn around (RVLV) and UHaul’s parents America (Ultra) is one of the stocks worth watching. Normally, we will save or restore records continuously for 50 days. However, although the main Google is operating, APPS stock rebounded for the 200th consecutive day. letter (Google) and Microsoft stocks fell for 50 consecutive days. But all these relative powers are at or close to the line elevation.
Google, Microsoft and ServiceNow share the mobile IBD leaderboard, and DDOG stock is on the leaderboard watch list. Google, Microsoft and NOW are also available. Long-term leader of IBD. DXCM and Datadog stocks are defective 50. UHAL stocks are trading in IBD stocks today on Tuesday.
The video in this article discusses market movements on Tuesday and analyzes Datadog, Microsoft, and DXCM stocks.
Blantyre Army Contract
At the same time, Palantir stated that it had signed a $823 million contract with the U.S. Army.
The company said in a press release: “Palantir will deploy the Palantir Gotham platform to support global Army intelligence users through a global integrated data and analysis structure that includes multiple security classifications.”
PLTR shares rose 14% in expansion transactions. This will push Palantir to break through the 50-day and 200-day moving averages. PLTR shares rose 0.2% to 23.21 points on Tuesday.
Today’s Dow Jones Futures Contract
Dow futures fell 0.35% from fair value. S&P 500 index futures fell 0.5%, and Nasdaq 100 index futures fell 0.6%.
Remember that working overnight in other stock markets may not necessarily translate into the actual liquidity of the Dow Jones futures contract on the next regular trading day.
The viable stock market on IBD Live joins IBD experts who analyze viable stocks.
Try to rebound in the stock market
The major stock indexes closed from a high position and the trading volume was light, but the stock market performed steadily.
At the same time, the Dow Jones Industrial Average rose 0.9% on Tuesday. Stock market trading. The S&P 500 index rose more than 1%. The Nasdaq Composite Index rose 1.25%. The small-cap Russell 2000 Index rose 0.35%, slightly lower than the 200-day and 50-day gains.
Crude oil prices continue to rise. The 10-year Treasury bond yield rose by 5 basis points to 1.53%.
Among the best ETFs, the innovator IBD 50 ETF (50) rose 1.5%, while the innovator IBD Breakout Opportunities ETF (yes) rose 1.2%. iShares Expansion Technology and Software Fund (ETF) IGV) MSFT stock is a key component, and ServiceNow as a noteworthy asset rose 1.7%. VanEck Vector Semiconductor Corporation (SMH) rose 1.4%.
SPDR S&P Metals & Mining ETF (XME (up 0.7% to support Global X US Infrastructure Development ETF)) was 0.9%. The US Global Gates Foundation (ETF aircraft) fell 0.7%. SPDR S&P Home Construction ETF (XHB) rose 0.2%. SPDR Specific Energy Fund (SPDR ETF) XLE (up 0.6% and Financial Select SPDR ETF) XLF) rose 2%.
The stock reflects a more speculative story. ARK Innovation ETF (Goodbye) rose 1.7%, and ARK Genomics ETF (ARKG) rose 1.2%. ARKK rebounded from a four-month low, and ARKG rebounded from its lowest level since November.
5 Chinese stocks worth watching right now
Stocks to watch: Datadog, ServiceNow, Digital Turbine
Datadog’s stock price rose 3.5% to 141.89, rebounding from its 10th consecutive week of gains and regaining its 21st consecutive day of gains. In a better market, hawkish traders can use Tuesday’s trend as an opportunity to start or increase their DDOG stock position.
ServiceNow shares rose 2.5% to 633.42, rebounding from the 50th. In this weekend, NOW stock should include: Flat bottom 681.20 points to buy.
Digital Turbine shares rose 6.1% to 73.56 from a 200-day high. APPS stock price fell with the broader market after rising for 200 consecutive days at the end of September.
Stocks to watch: Capital One, Revolve, Dexcom, Amerco
COF shares rose 1.6% to 168.78. According to MarketSmith analysis with handles, it is slightly lower than the buy point of 171.60 points.
Revolve shares rose 5.5% to 65.77, regaining gains for the 50th consecutive day. RVLV stock forms a cup bottom with a handle at the 72.37 buying point. In a better market, aggressive traders may have bought this young adult clothing retailer because the downtrend on Tuesday broke control.
Dexcom shares rose 2.65% to 540.39. Unlike many medical product companies, DXCM stock found support at its 50-day level and rebounded from that level on Tuesday. Monday’s low was almost in line with the previous short consolidation high.
UHAL shares rose 1.5% to 662 points, with a buy point of 677.44. Amerco provides a longer fit beside the flat bottom.
Stocks to watch: Google and Microsoft
Google shares rose 1.8% to 2272.46 points. It is still less than 50 consecutive days. Breaking through the 50-day line may be an important test, especially if GOOGL stock is willing to re-establish the 21-day line and break the short-term downtrend. Google has a fixed base of 2,925.17 purchase points.
Microsoft shares rose 2% to 288.76 on Tuesday, showing a similar trend on the chart. MSFT stock fell for the 50th consecutive day, with a fixed buy point of 305.94.
Regardless of their respective importance, if Google and Microsoft can restore their 50-day continuous record and move towards a breakthrough, it will be a healthy signal for the stock market to rebound.
Market analysis
After Monday’s massive market sell-off, the Nasdaq index appeared to be in oversold territory and took some action. Therefore, Tuesday’s rebound should not be unexpected. It’s great to see technology stocks rebound, despite the 10-year US Treasury bond yields rising by a few basis points. Compared with Monday, the trading volume is lower, which is not encouraging. Only one day. The low-volume rebound on Friday showed a significant price increase, but it disappeared on Monday.
Finally, the Dow Jones Index, S&P 500 Index and Nasdaq Index all fell below the 21st and 50th consecutive days. If the index falls below these levels, this is not a good sign.
Tuesday marked the first day of new stock market rebound attempts for the Nasdaq and S&P 500 indexes, and they lowered their recent lows on Monday.
However, the Dow Jones Index has not hit any lows recently, so Tuesday is the third day of a rebound attempt. The subsequent day of the Dow Jones Index confirmed that a new bullish trend appeared in the upcoming trading day.
Follow-up will be conducted a few days after the grouping attempt. This marks a strong rise in one or more of the leading indexes with higher trading volumes than the previous trading day, indicating that large institutions are supporting a new bullish trend. This confirms the new market rebound. Not all identified rebounds are successful, but they are strong signals to enter the market.
The S&P 500 Index and Nasdaq Index usually prefer subsequent dates, but the Dow Jones FTD is valid. In addition, with the current best-performing energy and financial sectors, a rebound led by the Dow Jones Index may be appropriate.
In addition to energy and finance, recruiters are performing well, while fertilizer stocks are nearing their peak, travel games are rebounding, and many trucking stocks are hovering near the point of purchase.
At the same time, some technologies, such as DDOG stock, received support for the 50th consecutive day, while many others did not. Nvidia (NVDA), Explosion (Explosion, explosion, yes, Google stock is facing a major test.
Time to market for the IBD ETF market strategy
what are you doing
Well, the stock market is trying to rebound, but this is the early stage of the technological renaissance. Investors need not rush into the market. If this market rebound has a real bridge, investors will have many opportunities after a certain market rebound.
If you want to increase your exposure, try green bananas or hard peaches. If you still have a desire for stocks, please keep small transactions and be prepared to exit quickly. In addition, consider buying ETFs that are broader than individual stocks.
Now is the time to use these watch lists. Focus on stocks with higher relative strength while maintaining or reversing key support levels. Depending on how long it takes for the market to adjust, your watch list may change significantly.
You read the big picture every day to keep up with trends in markets, stocks, and key industries.
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