Fall of Dow Jones Futures; Twitter was dropped after Elon Musk reversed his decision to join the board

Dow Jones Futures traded lower, while Tech Futures traded higher on Monday morning. The 10-year Treasury dividend continues to rise, at a pace that continues to be a success for seven sessions. U.S. oil prices fell nearly 4% to close at $ 95 a barrel. Twitter shares plummeted after Tesla CEO Elon Musk decided not to be a director. And chip leader Nvidia downgraded.


Among the Dow Jones leaders, Apple (AAPL) fell 1.1%, and Microsoft (MSFT) is down 1% in today’s stock market. Interest rate sensitivity JPMorgan (JPM) and Goldman socks (GS) was Dow’s only premarket pioneer, making short gains. Both companies announce first-quarter results on Wednesday and Thursday, respectively.

Twitter (TWTR) was down more than 3% on Monday morning. On Sunday, Twitter CEO Barack Agarwal said that Elon Musk had refused to join Twitter’s board of directors. Electric vehicle legend Tesla (TSLA) slipped nearly 5% in early trading on Monday, threatening to add sharp losses on Friday.

Graphics chip maker Nvidia (NVDA) fell more than 4%, lowering Bird shares from outperform to neutral and lowering its price target from 360 to 225.

When the stock market struggled, Dow Jones was the financial leader American Express (AXP) – With letters (GOOGL), Broadcom (AVGO), IBD Leaderboard Monitoring List Role Solar Edge Technologies (SEDG) and Shell (Shell) – Buy and watch Monday is one of the best stocks.

Arista, Microsoft and Tesla are IBD leaderboard stocks. Shares of Alphabet and Tesla were listed last week in the Near A by Zone zone.

Dow Jones Today: Treasury yields, oil prices

Prior to its opening on Monday, the Dow Jones Futures lost 0.4% and a reasonable value, and the S&P 500 futures fell 0.7%. The Nasdaq 100 futures were up 1.15% in early morning trading and sold at a reasonable value.

Among exchange-traded funds, the Nasdaq 100 tracker Invesco QQQ Trust (QQQ) was down 1.1% and the SPDR S&P 500 ETF (SPY) was down 0.6% from Monday’s opening.

On Friday, 10-year U.S. Treasury earnings extended this week’s gains to 2.71% and hit a new 52-week high. The 10-year yield rose to 2.76% on Monday morning, the highest level since March 2019.

Meanwhile, U.S. oil prices fell nearly 4% Monday morning as West Texas Intermediate crude traded below $ 95 a barrel. China’s worst virus outbreak raises concerns about demand.

Stock market rally

The stock market released mixed action on Friday, with the market rising under pressure for a week. Tech-heavy Nasdaq ended below its 50-day line, while the Dow Jones Industrial Average ended with modest gains.

Commenting on the Big Picture column, he said, “The Nasdaq, which fell 1.3% on Friday, ended the week with a loss of 3.9%. The stock index recovered 11% in three weeks. There is no technology. “

If you are new to IBD, check out its stock trading system and CAN SLIM basics. Recognizing chart patterns is one of the investment guidelines. IBD offers extensive development stock lists such as Leaderboard and Swing Trader.

Investors can create watchlists, find companies near the point of purchase, or create custom screens on IBD MarketSmith.

Four Dow Jones stocks to watch now

Buy and View Dow Jones Shares: American Express

Dow Jones Financial Stock American Express 194.45 Finds Base in Cup-With-Hand showing Point of Purchase. Shares rose 0.9% on Friday, still below the 50-day moving average. Shares of AXP fell 0.7% on Monday morning, with JP Morgan downgrading the stock to a heavier neutral.

Keep track of the relative strength of the stock. In the midst of its recent boom, the RS lineup is nearing its old peak, but there is some work to be done ahead of a possible breakout. The RS line measures the price performance of a stock against the S&P 500. The RS tax should reach new highs on or shortly after the breakout to ensure the strength of the stock breakout.

Four Best Growth Stocks to Buy and View in CurseR.ent stock market rally

Stocks to buy and see: Alphabet, Broadcom, Solar Edge, Shell

According to IBD MarketSmith chart analysis, the IBD 50 Stocks To Watch pick, Alphabet, on Tuesday showed a buying point of 2,875.97 in the cup with the handle. Shares of GOOGL are about 7% away from entering after a 1.9% slide on Friday. FANG shares fell 0.9% on Monday morning.

Broadcom fell 2.7% on Friday as chip stock moved below its initial entry at 614.74. The stock is looking for support in its 50 day order. Meanwhile, the stock is at another buying point, a handle entry at 645.41. AVGO shares fell 1.1% on Monday morning.

IBD Leaderboard Watchlist stock ended 10% lower than Solar Edge Technologies’ buying point on Friday at 340.10 cup-with-hand. Shares fell 1.9% at the start of Monday.

Oil-gas producer Shell, April 1 IBD Stock of the Day, is down 56.23 points on a flat base after rising 1.2% on Friday. Shares were down 0.2% on Monday morning.

Join IBD Experts as you explore the leading stocks in the current stock market rally at IBD Live

Tesla stock

Shares of Tesla slipped nearly 5% at the start of Monday, threatening to add 3% on Friday. Shares of EV Company ended 11% lower on Friday, with a tipping point of 1,152.97.

The stock rose to 1,243.49 on November 4 and closed 18%, down 18% from all time.

Dow Jones Leaders: Apple, Microsoft

Among Dow Jones stocks, Apple shares moved 1.2% lower on Friday, and below the double-down level of 176.75 buying point. With that entry, a handle buying point is also playing at 179.71. See a decisive move above those levels as a buy signal. AAPL shares fell more than 1% early Monday.

Software leader Microsoft lost 1.5% on Friday as stocks formed the right side of the new fundamentals. Shares of Microsoft fell 1% on Monday morning.

Don’t forget to follow Scott Lehtonen on Twitter @IBD_SLehtonen Learn more about growth stocks and the Dow Jones Industrial Average.

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