Finance

Futures rise; five artificial intelligence stocks near buy point


Dow Jones futures were slightly higher after the bell, as were S&P 500 futures and Nasdaq futures. Stock market gains were relatively muted on Tuesday, with the Nasdaq leading losses and closing slightly lower.




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Donald Trump’s Trump Media & Technology Group (DJTThe parent company of Truth Social started trading under the ticker DJT on Tuesday after the SPAC merger completed, with shares soaring off the bottom. But Trump stock closed well below its session high and below its buy point.

Tesla (Tesla) made good gains but encountered key headwinds.

Google Parent letter (Google) and Immediate service (Now) flirts with buying signals. mass strike (CRWD), Cyber ​​Ark Software (CYBR) and Yunyao (net) is being set up. These names are all AI stocks, or related to AI.

The downside is, Nvidia (NVDA) fell slightly as artificial intelligence chip stocks took a breather, Arm Holdings (arm)A sharp decline.

early Wednesday, carnival (copper clad laminate) will report earnings, commit to new base. CCL shares fell 0.5% to 17.03.cruise leader royal caribbean (RCL) is in the buy zone. RCL edged up 0.4% to 136.87.

Nvidia and Arm stocks have gone public IBD rankings, CyberArk stock is on the leaderboard watch list. CrowdStrike, Royal Caribbean and Cloudflare stocks are on the leaderboard IBD50ServiceNow inventory is located at IBD Large Cap 20.ServiceNow is on Tuesday Daily IBD Stock.

The video embedded in this article reviews Trump Media stocks DJT, ServiceNow and Royal Caribbean.

Dow Jones Futures Today

Dow Jones futures rose 0.15% from fair value, with Merck (MRK) jumps later FDA approves drug to treat pulmonary hypertensionDow S&P 500 futures rose 0.1% and Nasdaq 100 futures rose 0.1%.

Remember what you did that night Dow Jones Futures and other places that won’t necessarily translate into actual transactions on the next regular basis stock market Meeting.


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Stock market rebounds

By the end of the day, the stock market rebound was slightly positive, with the major averages ending in small to moderate losses.

The Dow Jones Industrial Average fell about 0.1% on Tuesday stock market trading The S&P 500 index fell 0.3%, slightly lower for the third consecutive trading day; the Nasdaq index fell 0.4% after falling on Monday; the small-cap Russell 2000 index fell 0.2%.

With a few exceptions like Trump Media’s DJT stock, there haven’t been many stocks breaking out, but many have shown constructive moves.

At the same time, neither the S&P 500 nor the Nasdaq has exceeded its 50-day moving average, so the upside for leading stocks is limited.

U.S. crude oil prices fell 0.4% to $81.62 a barrel.

The 10-year Treasury yield rose two basis points to 4.33%.

ETF

Among growth ETFs, iShares Expanded Tech-Software Sector ETF (IGV) rose slightly by 0.2%. ServiceNow is the largest holding, and CrowdStrike stock is also included in IGV. VanEck Vectors Semiconductor ETF (SMH) fell 0.9%, led by Nvidia stock.

The ARK Innovation ETF reflects the more speculative story stocks (alke) fell 0.4%, with the ARK Genomics ETF (arkg) fell 0.9%. Tesla stock is the top holding of the Ark Invest ETF.

SPDR S&P Metals & Mining ETF (XME) fell 0.8%. SPDR S&P Homebuilders ETF (Xin Hong) fell 0.2%. Energy Select SPDR ETF (XLE) gave up 0.8%, Healthcare Select Sector SPDR Fund (XLV) rose 0.4%.

Industrial Select Sector SPDR Fund (XLI) fell 0.4%. Financial Select SPDR ETF (XLF) rose 0.3%.


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Donald Trump Stock Breakout

Trump Media Stocks It jumped short and opened higher to 79.38 during the session.But DJT shares closed up 16% at 57.99, consolidating below 58.72 buy some.

Trump Media, the parent company of Trump’s social network Truth, began social trading on Nasdaq on Tuesday, and Digital World Acquisition finally merged with Trump Media & Technology Group on Monday, sending DWAC soaring 35% before becoming a DJT stock.

There is certainly a meme stock quality to Trump media that is heavily partisan. Therefore, huge volatility is likely to continue for some time.

Trump Media stocks rose sharply in active trading overnight.

Stocks near buy point

Google shares rose 0.4% to 150.67 points, briefly breaking through 152.15 points Cup with handle Intraday buying point.Shares gapped higher last week on a report apple (AAPL) is considering using Google’s Gemini AI tool on the iPhone. relative strength line It is rebounding, but is still well below the peaks at the end of January and October. This reflects the underperformance of GOOGL stock relative to the S&P 500 Index.

ServiceNow shares edged up 0.5% to 778.57. The software giant’s share price is 815.32 flat Buy some. The stock price entered early trading at 807.77. Aggressive traders can take advantage of last week’s high of 785.88, which remains close to the 50-day line.

CrowdStrike stock has had a few wild sessions along the way, but overall trading has been tight since mid-February, finding support near the 21-day line, with the 10-week line catching up. Investors can use 328.64 as a tie. Buy online. CRWD shares rose 1.6% to 330.01 on Tuesday.

CyberArk shares fell 0.7% to 263.49. Shares have a 283 consolidation buy point and typically find support at the 21-day line, as they do with cybersecurity leader CrowdStrike. Investors can use last week’s high of 277.97 as an early entry point. This may become an official handle in a few days as a buying point.

Cloudflare shares rose 3.1% to 99.07, rebounding from the 21-day and 10-week lines, albeit on light trading volume. The security and traffic optimization software leader will have 116 official buy points after this week. But investors can use the March 21 high of 100.90 as an early entry point.

Tesla Stock

Tesla’s stock price rose 2.9% to 177.67, regaining its 21-day moving average. The stock price hit 184.25 intraday, hitting the 10-week resistance. Tesla shares hit 10-week resistance earlier this month and were denied short-selling opportunities.

On Tuesday, weekly Chinese registration data showed Tesla’s first-quarter deliveries in the key market were weak. Demand also appears to be subdued in the United States and Europe. Tesla is likely to release first-quarter global deliveries on April 2, and there are signs they “will be well below the slowly adjusting consensus forecast.”

Tesla is now offering a free month of service CEO Musk also requires drivers to take an FSD driving test before delivering a new Tesla or after sending it in for repairs.


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Nvidia stocks, artificial intelligence chips

Nvidia shares fell 2.6% to 925.61 points, ending six consecutive sessions of gains, but still close to all-time highs. Broadcom (AVGO) fell 1.5%. However, ARM shares plummeted 7.5%, just below the 21-day line, after entering the market early near the opening. The surge in 2023 chip IPOs should have a newfound footing after this week.

what to do now

The stock market rebound is doing well.

There aren’t many stocks issuing buy signals right now, but a few leaders are being established. Investors can seek incremental additions, but now is not the time to significantly increase exposure.

Now is definitely the time to look for these setups so you can target the most compelling names when they make their move. So, have your watch list ready.

read overall view Stay up to date with market direction and leading stocks and industries every day.

Please follow Ed Carson’s thread: @edcarson1971 andX/Twitter @IBD_ECarson Get stock market updates and more.

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