Skip to content
I LPO TEA

I LPO TEA

Business is for Kids

Primary Menu
  • Commodity Investing
  • Dow Jones Industrial
  • Business News
  • Commodities
  • Invest Today
  • Financial
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap
  • Home
  • Dow Jones Futures: 10-Year Treasury Yield Tops 3%; 7 Best Stocks To Buy And Watch Now
  • Dow Jones Industrial

Dow Jones Futures: 10-Year Treasury Yield Tops 3%; 7 Best Stocks To Buy And Watch Now

By Stahlman 1 year ago

Dow Jones futures dropped 240 points Tuesday morning after Monday’s stock market gains. The 10-year Treasury yield jumped back above 3% Monday, closing at its highest level since May 9. Amid the ongoing stock market rally, Dow Jones leaders Chevron (CVX) and Merck (MRK) are among seven top stocks to buy and watch.




X



Dow Jones Futures Today: Treasury Yields, Oil Prices

Before Tuesday’s open, Dow Jones futures lost 0.7% vs. fair value, while S&P 500 futures moved down 0.85%. Nasdaq 100 futures declined 1.1% vs. fair value. Remember that trading in Dow Jones futures and elsewhere doesn’t necessarily translate into actual trading in the next regular stock market session.

The 10-year Treasury yield added to last week’s gains, jumping to 3.03% Monday. Meanwhile, U.S. oil prices held effectively flat, with West Texas Intermediate crude trading just below $119 a barrel.

Stock Market Today: Twitter Falls On Musk Threat

On Monday, the Dow Jones Industrial Average moved up less than 0.1%, while the S&P 500 gained 0.3%. The tech-heavy Nasdaq composite climbed 0.4%. Among exchange traded funds, the Nasdaq 100 tracker Invesco QQQ Trust (QQQ) and the SPDR S&P 500 ETF (SPY) both moved up 0.3%.

U.S. Stock Market Today Overview

Index Symbol Price Gain/Loss % Change
Dow Jones (0DJIA) 32914.20 +14.50 +0.04
S&P 500 (0S&P5) 4121.32 +12.78 +0.31
Nasdaq (0NDQC ) 12061.37 +48.64 +0.40
Russell 2000 (IWM) 187.92 +0.86 +0.46
IBD 50 (FFTY) 33.13 +0.10 +0.30
Last Update: 4:36 PM ET 6/6/2022

Twitter (TWTR) slashed losses to 1.5% Monday. Twitter shares dived as much as 5.6% at the market open after Elon Musk accused Twitter of “resisting and thwarting” his right to learn more about fake accounts on the social media platform, saying it was a “clear material breach” of the terms of their merger agreement in a letter to the company.

Tesla (TSLA) stock raced 1.6% higher Monday. Among Dow Jones leaders, Apple (AAPL) rose 0.5% and Microsoft (MSFT) traded 0.5% lower in today’s stock market.

During the ongoing stock market rally, Dow Jones stocks Chevron and Merck — along with Albemarle (ALB), Eli Lilly (LLY), Northrop Grumman (NOC), Vertex Pharmaceuticals (VRTX) and Zim Integrated Shipping (ZIM) — are among IBD’s top stocks to watch for Monday.

Albemarle is an IBD Leaderboard stock. Vertex was featured in this week’s Stocks Near A Buy Zone column. Zim was a featured IPO Leader.

What To Do In The Current Stock Market Rally

The major stock indexes posted slightly positive action Monday, as the stock market rally continues.

Investors still have the green light to start buying leading stocks breaking out past correct buy points. It should put your portfolio and mindset in sync with the stock market action by gradually committing capital to leading stocks.

Use each purchase as feedback on the current strength of the market rally. Don’t panic if you miss the first couple of breakouts. If the stock market uptrend is real, there will be plenty of time to buy stocks and make money. This is an important strategy because prior follow-throughs have failed this year.

Friday’s The Big Picture column commented, “The Nasdaq was the index that suffered the most, dropping 2.5%. This means it closed the week down 1%, though it retained the bulk of last week’s 6.8% gain. The S&P 500 also had a tough time, falling 1.6%. It has traded tightly for the week, though. Crucially, both indexes avoided another distribution day due to lower volume on both the Nasdaq and the New York Stock Exchange.”

If you’re new to IBD, consider taking a look at its stock trading system and CAN SLIM basics. Recognizing chart patterns is one key to the investment guidelines. IBD offers a broad range of growth stock lists, such as Leaderboard and SwingTrader.

Investors also can create watchlists, find companies nearing a buy point, or develop custom screens at IBD MarketSmith.


Five Dow Jones Stocks To Watch Now


Dow Jones Stocks To Watch: Chevron, Merck

Dow Jones leader and energy giant Chevron is trading just above a flat base’s 174.86 buy point, according to IBD MarketSmith chart analysis, following Monday’s 0.4% loss. The 5% buy zone tops out at 183.60. CVX stock boasts a 98 out of a perfect 99 IBD Composite Rating, per the IBD Stock Checkup. Investors can use the IBD Composite Rating to easily gauge the quality of a stock’s fundamental and technical metrics.

Merck, a Dow Jones and IBD Big Cap 20 stock, is still in buy range past a cup-with-handle’s 89.58 buy point, as shares fell 0.1% Monday. The 5% buy area goes up to 94.06. The stock’s relative strength line hit a new high in mid-May, but is now pulling back sharply.


Five Top Growth Stocks To Watch In The Current Stock Market Rally


Stocks To Buy And Watch: Albemarle, Eli Lilly, Northrop, Vertex, Zim

IBD Leaderboard stock Albemarle is about 6% away from a cup-with-handle’s buy point at 273.78, according to IBD MarketSmith chart analysis. In recent weeks, Albemarle passed an early buy point near 248. ALB shares rose 2.8% Monday.

Pharmaceutical giant Eli Lilly climbed 0.6% after the company delivered a promising update for its experimental obesity treatment. Eli Lilly stock is trading just below a flat base’s 314.10 buy point following a May 27 breakout.

Northrop Grumman broke out Friday past a cup-with-handle’s 477.36 buy point and is in the 5% buy area that goes up to 501.23. NOC shares tacked on 0.1% Monday.

Vertex Pharmaceuticals is tracing a cup with handle with a 276.10 buy point. For now, shares are seeing some support around their 50-day line. A strong bounce from this area would likely lead to a breakout. Conversely, a sharp break of the 50-day line would mean the basing process needs more time. Vertex shares dipped 0.5% Monday.

IPO Leader Zim Integrated is trying to break out past a cup-with-handle’s 68.80 buy point. Shares briefly moved above the entry Monday before reversing lower to close down 0.7%.


Join IBD experts as they analyze leading stocks in the current stock market rally on IBD Live


Tesla Stock

Tesla stock rallied 1.6% Monday, recovering a small portion of Friday’s 9.2% dive. But shares remain far below their 50- and 200-day lines.

Tesla stock traded as high as 1,243.49 on Nov. 4. Shares are about 43% off that record high.

Dow Jones Leaders: Apple, Microsoft

Among Dow Jones stocks, Apple shares gained 0.5% Monday. The stock is still far below its long-term 200-day line. The company’s WWDC event kicked off Monday. Apple touted features of its next smartphone operating system that will power the upcoming iPhone 14 and older compatible handsets. It also showed off a second-generation Mac processor for two new laptops.

Software leader Microsoft slipped 0.5% Monday, and remains sharply below its 50- and 200-day lines. The stock closed more than 20% off its 52-week high.

Be sure to follow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on growth stocks and the Dow Jones Industrial Average.

YOU MAY ALSO LIKE:

Top Growth Stocks To Buy And Watch

Learn How To Time The Market With IBD’s ETF Market Strategy

Find The Best Long-Term Investments With IBD Long-Term Leaders

MarketSmith: Research, Charts, Data And Coaching All In One Place

How To Research Growth Stocks: Why This IBD Tool Simplifies The Search For Top Stocks

Tags: "Georgia Business Search, American Express Business Cards, At&T Business Login, Att Business Customer Service, Att Business Internet, Bad Business Codes, Bank Of America Small Business, Buffalo Business First, Business Administration Jobs, Business Administration Salary, Business Analyst Jobs, Business Card Dimensions, Business Casual Female, Business Casual For Women, Business Casual Women Outfits, Business Ideas 2021, Business Letter Example, Business License California, Business Name Search, Business Process Reengineering, Business Proposal Template, Buy A Business, Card For Business, Chase For Business, Chase Ink Business Card, Columbia Business School, Costco Business Center San Jose, Emirates Business Class, Facebook Business Account, Fictitious Business Name, Florida Business Entity Search, Ga Sos Business Search, Google Business Email", Houston Business Journal, Illinois Business Search, Instagram Business Account, Is Lularoe Still In Business, London Business School, Master Of Business Administration, Men'S Business Casual, Pittsburgh Business Times, Qualified Business Income Deduction, Sacramento Business Journal, Secured Business Credit Card, Standard Business Card Size, T Mobile Business, Texas Business Search, Tië³´o The Business, Top Business Schools In Us, Types Of Business

Continue Reading

Previous Stock market news live updates: June 6, 2022
Next Dow Jones Futures Fall After Bullish Market Action; Tesla To Buy Batteries From Top EV Rival
September 2023
M T W T F S S
 123
45678910
11121314151617
18192021222324
252627282930  
« Aug    

Archives

Recent Posts

  • Looking for Affordable A4 Card and Paper
  • Are You In A Financial COMA?
  • Good Books on MLM – Some Recommendations For You
  • Virgin – Richard Branson’s Success Story
  • How AI Is Instrumental in Transforming Cloud Computing?

BL

Intellifluence Trusted Blogger

Tags

"Business Insurance Cover Coronavirus 5e Business Profit Ahron Levy Columbia Business School business Business Consultant Certification Austin Business Letter With Logo Example Business Located Easy Location Business Platform Stocks Business Positions Seattle Business Regulation Legal Services Daystarr For Business Dimagi Business Development Toolkit Do Business Schools Accept Entreprenuers Enironmentall Friendly Business Ideas Eric Early Republican Business Owner Essec Business School Dean Essential Business To Remain Open Example Small Business Fall Winter Business Hours Template Fdot Woman Owned Business Certification First Business Women United States First Com Business Fixing A Damaged Reputation Business Florida Business Enforcement Free Small Business Communication Tool Law School Business Entity Outlines Mapping A Business Location Medical Business Trends Economics Mix Business And Personal Money Mlm Nit Small Business Legally New Business Agency Sales Questions Patricia Saiki Women'S Business 1990 Safety Business Proposal Sample Business Plan Entrepreneur School Business Administration Positions S Corp Business Deductions Search Tx Business Llc Sentextsolutions Business Cards Signs For Business On Roads Small Business Forums .Net Small Business Insurancr Tech Monkey Business Ttu Business Cards Template Turbotax Business Nys Forms Uf Business School General Studies
ilpotea.info | Magazine 7 by AF themes.

WhatsApp us