Dow futures fell after the stock market’s move on Monday. Dow Jones stock Home Depot (HD) And the Walmart (WMT) ahead of Tuesday’s opening followed by key economic data – Federal Reserve meeting minutes and US retail sales – on Wednesday.
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Fabrinette (FN) And the ZipRecruiter (zoom) of the most important drivers of profits after Monday’s close. Vaprint shares are up 12%, while ZipRecruiter shares are down 5% in extended trade.
Dow Jones Earnings: Home Depot, Walmart
Home Improvement Retailer Home Depot will report second-quarter results Early Tuesday. Analysts expect the company to earn $4.95 per share on sales of $43.3 billion. HD shares on Monday closed about 25% from their 52-week high.
Discounted retailer Walmart extended its winning streak to seven sessions on Monday, up 0.3%. Walmart Q2 earnings It is expected to decline 9% year over year to $1.62 per share on revenue of $150.9 billion.
stock market today
On Monday, the Dow Jones Industrial Average rose 0.45%, while the S&P 500 gained 0.4%. The tech-heavy Nasdaq Composite is up 0.6%, extending Friday’s gains.
Overview of the US stock market today |
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---|---|---|---|---|
index | Code | price | win/loss | % change |
Dow Jones | (0DJIA) | 33912.63 | +151.58 | +0.45 |
Standard & Poor’s 500 | (0S & P5) | 4297.14 | +16.99 | +0.40 |
Nasdaq | (0NDQC ) | 13128.05 | +80.86 | +0.62 |
Contact 2000 | (IWM) | 201.07 | +0.71 | +0.35 |
defect 50 | (fifty) | 29.83 | -0.12 | -0.40 |
Last update: 4:34 PM ET 08/15/2022 |
within money exchange circulatingNasdaq 100 Invesco QQQ Trust Tracker (QQQ(Up 0.8%, SPDR S&P 500)spy) rose 0.4%.
Giant EV Tesla (TSLAOn Monday, it rose 3.1%. within Dow Jones LeadersAnd the apple (AAPL) And the Microsoft (MSFT) 0.6% and 0.5% respectively in Stock market today.
In a healthy stock market environment, Dow Jones shares coca cola (KO) And the merck (Mrk) – Beside Albemarle (ALB), costco (cost), monolithic power systems (MPWR) And the Initial deal executor (OLLI) – among the top stocks to buy and watch.
Albemarle is IBD Leaderboard stock. Albemarle and Costco appeared In stock this week near the buy zone bar.
Dow futures today: Treasury yields, oil prices, Fed minutes
Ahead of Tuesday’s open, Dow Jones index futures, along with S&P 500 and Nasdaq 100 futures contracts, were down 0.1% against fair value. Remember to work overnight in Dow Jones futures contracts and anywhere else that does not necessarily translate into actual circulation in the next regular session Stock market session.
The 10-year Treasury yield fell on Monday to close at 2.79% and extend Friday’s losses. In early August, the 10-year yield reached its lowest level since early April, but it is now trying to recover. Meanwhile, US oil prices are down more than 3%, with West Texas Intermediate crude futures trading below $89 a barrel.
The minutes of the last meeting of the Federal Reserve are due on Wednesday morning. The minutes are likely to reveal evidence of the central bank’s thoughts on a possible interest rate hike at the September meeting. At the last meeting of the Federal ReserveThe central bank raised rates by 75 basis points for the second consecutive meeting, and Fed Chair Jerome Powell indicated that a third such hike “might be appropriate” in September.
What to do in the current stock market
The stock market rally remains healthy, with the Dow Jones Industrial Average posting a four-day winning streak. The Nasdaq and S&P 500 ignored the downside reversal on Thursday and went up two sessions in a row.
With signs of strength in the market, investors have the green light to increase exposure, but keep deals small to start. If a new purchase is making progress, systematically increase exposure. There is still a lot of uncertainty for the stock market to navigate, so having a decent amount of cash on hand still makes sense.
Friday big picture column He commented, “The stock market rose to close for the fourth consecutive week on Friday. Indices made their way higher again, with encouraging inflation data encouraging speculators to rise.”
If you are new to IBD, consider taking a look at stock trading system And the CAN SLIM Basics. He distinguishes chart patterns It is one key to investment guidance. IBD offers a wide range of Stock Growth ListsSuch as leaderboard And the SwingTrader.
Investors can also create watch lists, find companies near a profile buy pointor develop custom screens in IBD Market Smith.
Five Dow Jones stocks to watch right now
Dow Jones stocks to watch: Coca-Cola, Merck
Dow Jones soda giant Coca-Cola is building a flat base with 67.30 POIs. Handle entry at 65.14 is also in play. Stocks are rebounding from the 50-day line and approaching an early entry amid Monday’s 1.3% rally.
Merck is also building a flat base, a pattern that shows a 95.82 buy point. Stocks are trying to hold above the 50-day line amid Monday’s 0.5% drop, according to IBD Market Smith Graph analysis.
MRK Stock Shows a solid value of 94 out of 99 perfect IBD compound classification, for every IBD stock check. Investors can use the IBD composite rating to easily gauge the quality of a stock’s fundamental and technical metrics.
4 growth stocks to watch on Cursstock market rally
Top stocks to watch: Albemarle, Costco, Monolithic, and Ollie’s
IBD Leaderboard Stock and lithium producer Albemarle falls into buying range after Friday’s breakout of a large mug with handle 273.78 buy point. The buying area rose 5% to 287.47. Earlier last week, stocks topped a smaller cup with 250.25 buying points. Shares rose 0.9% on Monday, extending the winning streak to four sessions.
Retail giant Costco is building a cup with a handle that shows 552.81 points of purchase. The stock is up 1.6% on Monday and is about 3% off the last entry.
Today’s latest stock of IBD Single-handle Power Systems added to the base of the cup last week, moving the correct buy point from 580.10 to 541.49. Meanwhile, stocks remained above the entry level of 514.80. On Monday, the stock rose 1.7%.
The bargain executor recovers in the first of 10 week streak Important Support Level – The highest discount retailer has been placed in a new buying area. The arrows are also carved Handle after a large cup base, and put the last buy point at 72.37. The current price action is about 10% away from this entry. Shares lost 0.4% on Monday.
Join IBD experts as they analyze the leading stocks in the current stock market rally on IBD Live
Tesla Stock
Tesla stock rose 3.1% on Monday, closing at its highest level since May 4. Stocks are once again trying to decisively rise above the resistance around the 200-day line, a key level to watch. The 3-for-1 stock split will take place on August 24th.
The stock is about 25% off its 52-week high.
Dow Jones Leaders: Apple and Microsoft
within Dow Jones stockApple shares rose 0.6% on Monday, up for the second day in a row. Inventory Continue to build the right side of the cup base Which has 179.71 buy points. Another explanation could be a big double bottom that extends into January. In both cases, the point of purchase is identical. Keep an eye out for a possible handle on the composition and offering a lower entrance.
On the upside, the stock’s relative strength line has already reached new highs, indicating a significant stock market outperformance.
Microsoft gained 0.5% on Monday, closing just below the long-term 200-day line, a key resistance area to watch. The stock has finished about 16% from its 52-week high.
Make sure to follow Scott Lehtonen on Twitter at Tweet embed Learn more about developing stocks and the Dow Jones Industrial Average.
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