Dow Jones Futures: Rising Treasury Yields Hitting Tech Equities;  Giant Dow players buy the signal

Dow Jones Futures: Rising Treasury Yields Hitting Tech Equities; Giant Dow players buy the signal

Dow futures, along with S&P 500 and Nasdaq 100 futures, were mixed after weak technology on Monday, as Treasury yields rose near recent highs. Shares in DraftKings, Tesla and Zoom Video tumbled again on Monday, while giant Boeing jumped into the buyout range.


On Monday, the tech-heavy Nasdaq Composite was sharply below par, down 0.6%, while the Russell 2000 Small Capital Index fell 2.8%, finding resistance at the 50-day line. The S&P 500 index fell 0.1%, while the Dow Jones Industrial Average rose 0.3%, to a record high. Meanwhile, the small Russell 2000 Index is down 2.8%, finding resistance at the 50-day streak.

between the Dow Jones leadersAnd the an Apple (AAPLIt was up 0.15% on Monday, while … Microsoft (MSFTDecreased 0.5% in Stock market today. Boeing (Bachelor) It is back in the buying range after the bullish move on Monday.

Tesla (TSLAIt slipped more than 1% on Monday, adding to Friday’s decline of 3.4%.

Among the top stocks to watch are the FANG leaders the alphabet (The Google) And The social networking site Facebook (FB) Approaching new purchase points.

Microsoft and Tesla Stock IBD Leaderboard. Boeing was on Monday IBD stocks todayWhile alphabet and facebook Appeared In this week The stocks are near the buying area vertical.

Dow Jones futures today

After the stock market closed on Monday, Dow Jones futures fell versus fair value, while S&P 500 futures rose. Nasdaq 100 futures gained less than 0.1% against fair value. Remember to trade in Dow Jones Futures And anywhere else it does not necessarily translate into actual circulation in the next normal cycle Stock market Period.

Overview of the US stock market today

index Code price Profit / loss % They change
Dow Jones (0DJIA) 33172.29 +99.41 +0.30
Standard & Poor’s 500 (0S & P5) 3971.29 -3.25 -0.08
Nasdaq (0NDQC ) 13059.65 -79.08 -0.60
Russell 2000 (etc.) 214.44 -6.17 -2.80
Defect 50 (fifty) 42.44 -1.33 -3.04
Last update: 4:38 PM ET 3/29/2021

On Monday, the 10-year Treasury yield rose to 1.728% before closing at 1.721%, adding to Friday’s gains. The 10-year Treasury yield is quite shy of its recent highs reached on March 19 at 1.754%.

READ  Rugby: New Zealand coach Ian Foster saves his head

within Exchange of traded fundsIBD 50 InnovatorfiftyIt fell 3% on Monday. Nasdaq 100 Index Tracked Invesco QQQ Trust ETF (QQQHe lost less than 0.1%. Meanwhile, the SPDR S&P 500 ETF (spyIt also decreased by less than 0.5%.

Stock Market Rise: Is Nasdaq Preparing For Another Test?

Amidst the current stock market rally, the Dow Jones Industrial Average hit an all-time high on Monday, while the S&P 500 index snapped a two-day winning streak.

Meanwhile, the tech-heavy Nasdaq remains below the 50-day key moving average. The Nasdaq will need to overcome this major hurdle in order to maintain its upward trajectory. The 50-day line is a critical potential resistance level. If the Nasdaq erases it decisively, new highs could be on the horizon.

Big Friday picture He commented, “The sharp gains in the stock market gave the appearance of A. Follow up by confirming the assembly. The S&P 500’s gains in bulk is a follow-up. The blue chips have performed well – much better than they did earlier in the week. With new strength in indices and major stocks, the uptrend in the market has resumed, as much IBD Market Forecast he goes.”

Although the uptrend has resumed, stock market volatility has made progress difficult. Given this difficulty, it is best to maintain a more conservative stance until the market proves that its recent strength is not fleeting.

ETF Stock Market Strategy and How to Invest

Bitcoin price

Bitcoin briefly crossed $ 61,000 in mid-March, reaching an all-time high. Bitcoin price reached its highest level on March 13th, at $ 61,556.

READ  New Zealand: Anti-vaccine camp grows in front of Parliament

Bitcoin rose nearly 7% on Monday to trade around $ 57,400, according to CoinDesk. Gray Scale Bitcoin Fund (GBTCIt appeared to be continuing its bounce from the 50-day moving average, jumping 6.5%.

Dow Jones Stocks: Boeing

Inside the Dow Jones Industrial Average, Boeing is back in the buying range above 244.18 buy points at the base of the cup. Buy range increases 5% to 256.39.

Shares rose 2.3% on Monday after that Southwest Airlines (LuvAdded 100 orders to the Boeing 737 MAX aircraft agreement. The first 30 aircraft are scheduled to be delivered in 2022.

Boeing appeared on it Monday’s stock from IBD.

The speculative leaders are stumbling

Technology leaders sold off sharply on Monday, as the stock market continued to spin out of speculative growth stocks.

Kings (DKNG) Fell 8.5%, closing below the 50-day line for the first time since the January 14 breakthrough above 56.08 pips long handle Cove. The stock is down more than 20% from its 52-week high, which was set only five sessions on March 22nd.

2020 big winner Zoom in the video (ZMAlmost 4%, hitting a new low in recent times. Shares are down nearly 50% from an all-time high of 588.84 that they set on October 19.

Stocks near Buying Zones: Alphabet, Facebook

IBD Leaderboard Alphabet continues to build flat with a new buy point at 2,145.24, according to IBD Market Smith Graph analysis. Shares are about 5% away from new entry amid Monday’s 1% gain.

According to Leaderboard’s comment, “Alphabet has made better progress than other major tech companies recently. Support at the 21-day streak is now weak. Watch the stock to find support as it tests its 50-day line. The last rule was stage two.”

Facebook, the FANG stock leader, is tracking a cup with a handle of 299.81 buy points. Shares are up 2.8% on Monday and are about 3% away from new entry.

READ  What is the policy of care in a time of environmental transition?

to me Inventory check for IBDAnd the FB stock It shows a hardness of 91 out of 99 perfect IBD compound classification. The IBD Composite Rating helps investors easily measure the quality of a stock’s fundamental and technical metrics.

IBD Live: a new tool for daily stock market analysis

Tesla Stock

Tesla stock fell 1.2% on Monday, adding to Friday’s loss by 3.4%.

Tesla shares ended Monday nearly 32% from their 52-week high. Tesla stock may be a new base, but it’s too early to get a perfect risk buying point.

On February 22nd, Tesla broke out of the key 10-week moving average line, which is an important support level. On January 25, Tesla stock hit a record high of 900.40, after rising 93% from 466 buying points in the cup.

Dow Jones Leaders: Apple and Microsoft

From among the top Dow Jones StocksApple shares rose 0.15% on Monday, extending a three session streak of gains. Apple stock is recovering from its long-term 40-week streak and may soon try to recover its 10-week streak.

On February 18, Apple stock launched a sell rule to cut losses 7% to 8% when it fell more than 7% below 138.89 buy-in points in a cup with a handle.

Meanwhile, software giant Microsoft fell 0.5% on Monday. The shares returned above 232.96 buy points and approached 246.23 longs on a new flat base.

Be sure to follow Scott Lehtonen on Twitter at Embed a Tweet Learn more about developing stocks and the Dow Jones Industrial Average.

You may also like:

Top growth stock to buy and watch

Learn how to determine market time using IBD’s ETF Market Strategy

Find the best long-term investments with IBD’s long-term leaders

MarketSmith: Search, charts, data and training in one place

How to Find Growth Stocks: Why IBD simplifies searching for top stocks

Leave a Reply

Your email address will not be published. Required fields are marked *