The Dow Jones Industrial Average briefly plunged over 250 points on Monday before cutting losses, as the bitcoin price fell by more than 20%. Apple and Tesla shares are down sharply, while Nio shares are up 13% after the unveiling of a new sedan. Twitter is down 10% after President Trump’s account is permanently suspended.
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between the Dow Jones leadersAnd the an Apple (AAPLDecreased by 2% while Microsoft (MSFTDecreased by 0.8% in Stock market today. Boeing (BAThey tumbled roughly 3% after a Boeing 737-500 Indonesia Airlines Sriwijaya Air crashed into the sea shortly after takeoff with more than 60 people on board.
Tesla (TSLAIt slipped more than 7% after hitting record highs on Friday. Chinese EV competitor New (NIOBy as much as 13%, reaching an all-time high.
The stock in or near the buy zone at the current stock market upward is Chipotle Mexican Grill (CMG).
Apple, Chipotle, Microsoft, and Tesla Stock IBD Leaderboard.
Dow Jones today
On Monday, the Dow Jones Industrial Average trimmed its early decline to less than 0.1%, while the S&P 500 index slipped 0.2%. The tech-heavy Nasdaq Composite is down 0.5% at midday.
An overview of the US stock market today |
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|---|---|---|---|---|
| index | Code | price | Profit / loss | % They change |
| Dow Jones | (0DJIA) | 31025.69 | -72.28 | -0.23 |
| Standard & Poor’s 500 | (0S & P5) | 3809.39 | -15.29 | -0.40 |
| Nasdaq | (0NDQC ) | 13100.61 | -101.37 | -0.77 |
| Russell 2000 | (etc.) | 207.09 | -0.63 | -0.30 |
| IBD 50 | (fifty) | 43.49 | +0.56 | +1.30 |
Last update: 11:50 a.m. ET 1/11/2021 |
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in between Exchange of traded fundsIBD 50 innovatorfiftyOn Monday it was up 1.1%. The Nasdaq 100 Invesco QQQ Trust ETFQQQDecreased by 0.7%. Meanwhile, the SPDR S&P 500 ETF (spyIt decreased 0.4%.
Coronavirus updates
according to Worldometer data tracker, The cumulative number of confirmed coronavirus cases in the United States topped 22.9 million on Monday. The total deaths associated with the virus have risen to more than 383,000.
The cumulative total of confirmed Covid-19 cases worldwide since the start of the outbreak surpassed 90.7 million on Monday, with more than 1.94 million virus-related deaths.
Is the rise of the stock market extended?
Given the current bullish trend, November has been a major month for the stock market. IBD’s The Big Picture Marked a new bullish trend in the wake of the bullish market follow-up day on November 4th. Meanwhile, the first week of January 2021 shows the major stock indices at record levels.
Big Friday picture He commented, “The Nasdaq led Friday’s movement with a 1.1% advance. The 2.4% gain this week reached the point that the big tech companies and the majors are not yet ready to pull back.”
Investors should continue to use stock market power to buy breakouts. Be patient and wait for strong breakouts rather than chasing the extended stocks. If new hacks work, add more exposure. But if the breakouts start to fail, you can hold back.
In particular, focus on stocks with strong relative strength. Find it using Relative strength line. The RS line measures the stock price performance against the S&P 500. If the stock outperforms the broader market, the RS line tilts upward. If the stock is performing worse than the broad market, the line will indicate a decline.
Stocks to Watch: IBD Long-Term Leaders
Includes stocks to watch Long-term leaders of IBD, Companies with steady earnings growth and price performance. Viva Systems (VEEV) Do you Latest addition to the listWhere he is looking to reclaim his 10-week streak. Shares rose 1% on Monday, and are close to early entry at 292.90, while the traditional buy point remains at 314.09.
ETF Stock Market Strategy and How to Invest
Bitcoin price
Bitcoin price fell more than 20% on Monday to trade around $ 31,800, according to Kuindisc. Gray Scale Bitcoin Fund (GBTCIt’s down 17% and about 25% from a 52-week high.
Bitcoin hit an all-time high of $ 41,962 on Friday.
Dow Jones Stocks to Watch: Boeing Segments
Boeing trimmed its early losses to 2.2%, and traded lower after Indonesia’s Boeing 737-500 aircraft in Sriwijaya Air crashed at sea shortly after taking off from Jakarta with 62 people on board.
Boeing stock is testing its 50-day moving average line down nearly 40% from its 52-week high.
Stocks in or near Buying Zones: Chipotle
IBD Leaderboard Chipotle Mexican Grill member regained his double-bottomed buy point 1,366.76 last week as he bounced off the 50-day streak, according to IBD Market Smith Graph analysis. Shares are down 0.5% on Monday morning, but remain just above the buy point.
According to Leaderboard’s comment, “The new base is the second stage, which enhances the chances of a good advance from here. After the breakout, one would like to see the RSL rise to a new high, but the line has not reached new heights.”
to me Inventory check for IBDAnd the Chipotle stock Shows 81 of 99 complete IBD compound classification. A composite rating – an easy way to identify the highest-growing stocks – is a combination of fundamental and technical metrics to help investors gauge a stock’s strengths.
IBD Live: a new tool for daily stock market analysis
Stocks on the road: Twitter
Twitter is down 10% after President Donald Trump’s account was permanently suspended on Friday. The stock triggered a sell base by cutting a 7% -8% loss from the 53.03 buy points at the base of the cup.
Nio stock
Tesla’s Chinese competitor Nio surged as much as 13% to reach an all-time high after Friday’s breakout above 57.30 buy points in a short cup base. Shares have already been extended beyond the buy zone.
In the company Annual Nio Day, Nio unveiled the new Nio ET7. Nio ET7 will be launched in the first quarter of 2022.
The ET7 will come with advanced driver assistance capabilities, including Lidar and NVidia (NVDAA giant computer. Nio claims it will have much more computing power and camera accuracy than Tesla Full Self Driving.
Tesla shares at the peak of the peak?
IBD Leaderboard Tesla stock fell from record highs on Monday, dropping more than 7% in early trade before paring some losses. Shares are set to surprise 11 consecutive days.
Friday’s stock from IBD He indicated that Tesla had been flashing several signs of a climactic crest amidst sharp vertical flow over the past few weeks.
On Friday, Tesla stock hit a record high of 884.49. Shares are up 88% from 466 buy-in points in the Handle Cup.
Dow Jones Leaders: Apple and Microsoft
From among the top Dow Jones StocksApple’s stock fell 2% on Monday. The arrows form a base with a New buying point At 138.89, according to IBD Market Smith Graph analysis.
In recent weeks, Apple shares have moved above strong entry points at 125.49 and 122.09.
Software giant Microsoft fell 0.8% on Monday, as it struggles to stay above the last 50 days. Shares continue to follow new rule with 228.22 buy point.
Be sure to follow Scott Lehtonen on Twitter at Embed a Tweet Learn more about stock growth and the Dow Jones Industrial Average.
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