Mike Webster and Justin Nielsen walk through this week's technical action and stocks to watch in the Friday extended version of Stock Market Today.

Alissa Coram and Ken Shreve discuss Thursday’s technical action and stocks to watch in the Stock Market Today.

Alissa Coram and Ken Shreve discuss Tuesday’s technical action and stocks to watch in the Stock Market Today.

Alissa Coram and Ed Carson discuss Tuesday’s technical action and stocks to watch in the Stock Market Today.

Alissa Coram and Ed Carson discuss Monday’s technical action and stocks to watch in the Stock Market Today.

Justin Nielsen and Alissa Coram walk through this week's technical action and stocks to watch in the Friday extended version of Stock Market Today.

The Nasdaq composite pared a 1.2% intraday gain to xx by the close as sellers maintained the upper hand. The S&P 500 extended its losing streak to three sessions and closed below its 50-day line. JPMorgan and Alamos Gold are pulling back in constructive fashion, while biotech Argenx broke out powerfully.

The JOLTS survey revealed a cooling job market ahead of Friday’s employment report. The new data also raised the odds of a 50–basis-point rate cut by the Federal Reserve at the late-September meeting. MakeMyTrip reclaimed its 50-day with conviction after Tuesday’s selloff; Tyler Technologies is building a new base; DaVita is holding in a buy zone.

The stock market rally sold off after the long holiday. The S&P 500, in a new power trend and on the cusp of a new high, retreated to its 21-day line. The Nasdaq tumbled below its 50-day and 21-day lines, with Nvidia selling off. Freshpet moved back into a buy zone, but slashed gains. CyberArk fell, but held up relatively well.

The stock market rally finished a mixed week with the Nasdaq retreating but trying to regain a key level. The S&P 500 has entered a power trend, a bullish sign for the market rally but not necessarily a buy signal. Broadcom is setting up with earnings on tap. Comfort Systems and NextEra Energy are near buy points.

The Nasdaq composite reversed lower after rising 1.3% intraday. Despite the selling, breadth was positive on both exchanges: Less than 2 to 1 positive on the Nasdaq and nearly 3 to 1 positive on the NYSE. ServiceNow and GE Aerospace tried to clear buy points; Wingstop is building a new base.

The Nasdaq composite closed below its 50-day moving average, and the S&P 500 marked its first distribution day since the Aug. 13 follow-through day. Declining stocks beat advancers by more than 2 to 1 on the Nasdaq. The ratio was less than 2 to 1 negative on the NYSE. Palantir is pulling back in light volume after an earnings rally; TransDigm is back near highs in a shallow cup base; investment bank Evercore is holding gains well after a recent breakout.

The major indexes had another quiet session as investors choose not to make any big new moves ahead of Nvidia earnings. Nvidia is setting up though. Meanwhile, two recent new issues, GE Vernova and Ardent Health, flashed buy signals Tuesday, at least intraday.

The Dow Jones industrial average hit a new all-time high intraday but the power didn’t last. The Dow and Russell 2000 fared the best but weakness in technology dragged down the Nasdaq composite and S&P 500. Still, the pause here isn’t necessarily a bad thing. Sprouts Farmers Market showed a nice pop above 100 after consolidating gains from its last earnings report. Netflix looks like it could but in a handle here as it hits all-time highs and MercadoLibre might give an add on entry as it consolidates around 2000.

Justin Nielsen and Alissa Coram walk through this week's technical action and stocks to watch in the Friday extended version of Stock Market Today.

The Nasdaq came down to its 50-day moving average Thursday ahead of Jerome Powell’s speech Friday morning in Jackson Hole. Traders are still leaning toward 100 basis points in rate cuts over the next three Fed meetings. On Holding fell in light volume after Wednesday’s breakout attempt; PDD is a rare bright spot in China; DoorDash is setting up in a nice base.

Breadth was solid again with winners beating losers on the Nasda by about 2 to 1. The ratio was nearly 3 to 1 positive on the NYSE. Annual nonfarm payrolls were revised lower by 818,000, but the stock market took the news in stride. Procept soared after the company received FDA clearance for a next-generation surgical robot; Applovin is near the top of a short consolidation; Birkenstock is still in a buy zone ahead of next week’s earnings report.

The major indexes retreated modestly after several big gains, a well-deserved break after several strong gains. A pause also makes sense with Fed chief Powell’s big speech and Nvidia earnings coming up. Palo Alto Networks and Netflix flashed buy signals while Meta is trading just below a buy point.

Indexes tacked on more gains to last week’s stellar returns. All 11 sectors of the S&P 500 were up and tech is back in the lead. Coupang cleared an early entry at 23 and is on its way to a 52-week high. Spotify had a milder, but still strong move from a tight area and Apple is on the threshold of a buy point.

Mike Webster and Justin Nielsen walk through this week's technical action and stocks to watch in the Friday extended version of Stock Market Today.

The major indexes rose powerfully, staging a subsequent follow-through day. The S&P 500 is clearly above the 50-day line with the Nasdaq topping that key level intraday. Nvidia and Shake Shack offered buy signals. So did Tesla, with caveats.

The major indexes held and slightly added to Tuesday’s follow-through day gains. The S&P 500 is testing its 50-day line. Ferrari and Allstate cleared buy points, while Netflix flashed an early entry.

The Nasdaq led a strong market session, with a tame PPI inflation report providing a catalyst. A number of leading stocks flashed buy signals. But the CPI inflation report is on tap.

Indexes are trying to make progress but so far the positives haven’t been enough to counterbalance the negatives of last week. Nvidia had a strong day for the 21-day line will be an important hurdle for it to conquer. By contrast, Vista Energy took the upside reversal from yesterday and built on it with unwavering power. Meanwhile, Curtiss-Wright showed a similar pattern among IBD 50 stocks.

Mike Webster and Alissa Coram walk through this week's technical action and stocks to watch in the Friday extended version of Stock Market Today.

Alissa Coram and Ken Shreve discuss technical action and stocks to watch in the stock market today.

Alissa Coram and Ken Shreve discuss technical action and stocks to watch in the stock market today.

Ed Carson and Alissa Coram discuss technical action and stocks to watch in the stock market today.

Ed Carson and Alissa Coram discuss technical action and stocks to watch in the stock market today.

Mike Webster and Alissa Coram walk through this week's technical action and stocks to watch in the Friday extended version of Stock Market Today.

Selling accelerated in the market and few things were spared as the major indexes lost support at moving averages. It was an expectation breaker given the strength of the prior day. AstraZeneca still managed to breakout of a flat base. NextEra joined utilities in a rally with a follow-up to its move above its 50-day line Thursday. T-Mobile also had a nice follow-up to its 50-day line test and retook a flat-base buy point at 182.67.

Stocks started off strong as tech earnings revived AI optimism, then added to gains as Fed chief Jerome Powell sees rate cuts starting as soon as September. The S&P 500 rallied above its 50-day line while the Russell 2000 hit a fresh multiyear high. But a slew of earnings and other news is still on tap this week.

The Dow Jones and Russell 2000 rose Tuesday while the Nasdaq tumbled heading into big tech earnings and the Fed decision. A strong start finished flat, with plenty of reasons to be cautious this week. Between a Fed meeting, earnings reports, jobs reports, there might be some jostling valuations amongst investors.

A strong start finished flat and there is plenty of reasons to be cautious this week. Between a Fed meeting, earnings reports, jobs reports, there might be some jostling valuations amongst investors.

Mike Webster and Justin Nielsen walk through this week's technical action and stocks to watch in the Friday extended version of Stock Market Today.

The S&P 500 and Nasdaq came off Thursday’s lows, but later gave up intraday gains. Nvidia slashed early losses as it battles AI fatigue fears, but it’s got work to do. ServiceNow spiked higher on earnings, breaking out, while TechnipFMC moved back into a buy zone on its results.

The major indexes sold off, with the Nasdaq undercutting its 50-day line. Tesla and Google led the decline, with a slew of techs sliding in sympathy, including Microsoft. Selling was broad, though small caps and non-tech sectors don’t look as damaged. Tenet Healthcare and Fiserv broke out on earnings.

The major indexes edged lower Tuesday, while small caps had another strong gain. GE Aerospace, HCA Healthcare and Pentair flashed buy signals on earnings.

Justin Nielsen and David Saito-Chung walk through Monday's technical action and stocks to watch in Stock Market Today.

Justin Nielsen and Alissa Coram walk through this week's technical action and stocks to watch in the Friday extended version of Stock Market Today.

An earnings sell-off for Domino’s Pizza fueled more selling in the restaurant group. Copper fell sharply resulting in a 4% drop for the Mining-Metal Ores group. Homebuilders rallied again but most stocks in the group faded after strong starts. Blackstone reported earnings and is still in a buy zone; biotech Vertex continues to show strength and support; Eldorado Gold is still in a buy zone.

Chip stocks fell hard on reports the Biden administration is considering tougher export curbs to limit China’s access to advanced chip technology. But breadth wasn’t too bad, with losers beating winners on both exchanges by less than 2 to 1. Consumer staple stocks outperformed, along with energy, health care, financial and real estate stocks. Sellers knocked Nvidia and Eli Lilly lower, but Tenet Healthcare is trading tightly near its 10-week moving average.

The market rally is continuing a near-ideal rotation. Megacaps are taking a much-need pause. Meanwhile, small caps, the Dow Jones and a slew of sectors taking the lead, with a number of stocks flashing buy signals, including Toast, Uber and Woodward.

An assassination attempt on former president Trump boosted his election prospects and the market saw gains. The Dow Jones Industrial Average and Russell 2000 continued to make progress as the new index leadership. Energy was the best performing sector and Diamondback Energy showed a breakout. Financials also saw a boost and JPMorgan recovered from an earnings reaction decline. Finally, software might be on the rise again and CrowdStrike showed an upside reversal for the day.

Mike Webster and Alissa Coram walk through this week's technical action and stocks to watch in the Friday extended version of Stock Market Today.

Consumer prices cooled in June which fueled more bond buying. The 10-year Treasury yield hit its lowest level since March and fell 8 basis points to around 4.20%. Despite sharp declines for the Nasdaq and S&P 500, market breadth was overwhelmingly positive. KB Home and Urban Outfitters gave buy signals, while Apple’s decline was orderly.

The Nasdaq composite jumped 1.2% and marked its sixth straight all-time closing high. But breadth was so-so, with winners beating losers by less than 2-to-1 as software and restaurant stocks lagged again. Newmont and Ensign gave buy signals while CyberArk is setting up.

The S&P 500 and Nasdaq hit fresh high Tuesday morning, but key indexes closed little changed amid mixed action beneath the surface. Brazilian jet maker Embraer flashed a buy signal while Diamondback Energy made a bullish move. Cava fell solidly, perhaps getting a long-awaited shakeout, but coming as more restaurant stocks struggle.