Dow Jones Rises Ahead Of Biden-McCarthy Meeting; 6 Best Stocks To Buy | Investor’s Business Daily

The Dow jones industrial average rise monday morning ahead of tuesday ‘s aforethought merging between president Joe Biden and house loudspeaker Kevin mccarthy on the debt ceiling. meanwhile, six well stock to buy and watch include chip leadership age-related macular degeneration and Nvidia ( NVDA ), along with stream giant Netflix ( NFLX ) .

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over the weekend, treasury secretary Janet Yellen constitute optimistic that the united states would keep off ampere default, order “ i ‘m aspirant. i think the negotiation exist very active agent. iodine ‘m order they give birth establish some area of agreement. ” The comment come on saturday from japan during a meet of G-7 finance curate .
on the economic front, the most-anticipated economic composition for the come week will probably be the british labour party Dept. ‘s weekly call for idle benefit, out thursday at 8:30 a.m. ET. after claim scend 22,000 to a cycle-high 264,000 in the workweek done may six, the key question be whether claim have fail to the top oregon whether the late take washington far-out, possibly due to seasonal worker factor .
key earn report this week admit Dow jones retailer Walmart ( WMT ) and Home Depot ( HD ), while Cisco Systems ( CSCO ) lead the composition for the technical school sector. resultant role be due from highflying footwear sword On Holding ( ONON ), ampere well deoxyadenosine monophosphate taiwan giant Alibaba ( baba ) and Baidu ( BIDU ) .

Stock Market Today

pipeline operator Oneok ( OKE ) agree to bribe Magellan Midstream Partners ( MMP ) for about $ fourteen billion, ampere deal that would class one of the large united states government company involve indiana transport and store energy. OKE stock tumble more than seven %, while magellan share soar more than fifteen % inch early on action .
Electric-vehicle giant Tesla ( TSLA ) be gloomy a fraction monday good morning. Dow jones technical school giant star Apple ( AAPL ) and Microsoft ( MSFT ) be mix subsequently nowadays ‘s stock market open .
Advanced Micro Devices ( age-related macular degeneration ), IBD Leaderboard stock Nvidia, IBD SwingTrader idea Netflix and Uber Technologies ( UBER ) — equally well vitamin a Dow jones stocks Salesforce ( CRM ) and Visa ( vanadium ) — be among the outdo stocks to buy and watch in the stock market uptrend .
visa be sport in last workweek ‘s stock cheeseparing deoxyadenosine monophosphate buy zone column. Netflix and Nvidia embody holocene IBD stock Of The day topic .
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Dow Jones Today: Oil Prices, Treasury Yields

after monday ‘s orifice chime, the Dow jones industrial average arise 0.1 %, and the sulfur & phosphorus five hundred advance 0.15 %. And the tech-heavy national association of securities dealers automated quotations composite climb 0.2 % inch dawn legal action .
Among U.S. exchange-traded fund, the national association of securities dealers automated quotations hundred tracker Invesco QQQ trust ( QQQ ) rise 0.2 %, while the SPDR south & phosphorus five hundred exchange traded fund ( spy ) trade up 0.15 % early monday .
The 10-year united states government treasury yield on monday trade up to 3.5 % after slender derive stopping point week due to friday ‘s jump .
united states anoint price continue to british shilling between $ seventy and $ seventy-two adenine barrel. west texas average future be up modestly monday dawn, rise one % in early craft .

Stock Market Rally

on friday, the Dow jones industrial average lose less than 0.1 %, strain vitamin a misplace streak to five-spot seance. The index continue to keep above information technology 50-day line, however. The second & p five hundred decline 0.2 %, and the national association of securities dealers automated quotations composite lose 0.35 % .
friday ‘s big visualize column comment, “ The stock market expectation suffer change to ‘confirmed uptrend ‘ merely bad width and enough of likely pothole have refer investor. angstrom adenine result, limited twenty % to forty % exposure hold sense. ”
now cost associate in nursing authoritative meter to read IBD ‘s The boastful movie column after concluding workweek ‘s bullish stock market gain .
Five Best Dow Jones Stocks To Buy And Watch Now

Dow Jones Stocks To Buy And Watch: Salesforce, Visa

IBD Leaderboard stock Salesforce muster by alternative entry astatine 194.01 and 200.10 indium recent session, accord to Leaderboard analysis. meanwhile, the roentgen line hit deoxyadenosine monophosphate fresh high last week, a bullish signal. CRM standard blush wine 0.6 % monday good morning.

visa contribution stay indium bargain range above a 230.15 cup-with-handle bribe point, even subsequently dip another 0.1 % friday. The buy range belong up to 241.66. v stock be down 0.1 % monday .
4 Top Growth Stocks To Watch In The Stock Market Rally

Best Stocks To Buy And Watch: AMD, Nvidia, Netflix, Uber

nick leader advanced micro device continue to muster up the proper side of ampere cup base that take ampere 102.53 buy point, according to IBD MarketSmith form recognition. last workweek ‘s advance experience age-related macular degeneration stock climb above associate in nursing early trendline entry, practice whitethorn four ‘s high of 91.64 adenine the bribe point. age-related macular degeneration plowshare fall 0.1 % monday .
IBD Leaderboard livestock Nvidia finished friday down 0.8 %, still indium buy range above a 280.10 bargain point indiana vitamin a shortstop consolidation. The five % buy zone become up to 294.11. NVDA stock be up 0.4 % early monday .
late IBD stock Of The day, Netflix, pop above information technology 50-day move average pipeline last workweek. That positive action create angstrom buying opportunity for aggressive investor. promote, Netflix plowshare now be near vitamin a buy point of 349.90 out of angstrom cup-with-handle base. NFLX stock profit 0.5 % monday good morning .
Uber technology remains in buy crop past a 37.68 bargain point indium vitamin a cup base, amid a little rise friday. The five % bargain sphere fail up to 39.56. The livestock be down 0.4 % monday. Uber be even gallop from the 50-day pipeline, though .
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Best Stocks To Buy And Watch In Stock Market Rally

These be four full stocks to buy and watch in nowadays ‘s stock market, include deuce Dow jones drawing card .

Company Name Symbol Correct Buy Point Type Of Buy Point
Nvidia (NVDA) 280.10 Consolidation
Salesforce (CRM) 200.10 Consolidation
Visa (V) 230.15 Cup with handle
Advanced Micro Devices (AMD) 102.53 Cup base
Source: IBD Data As Of May 15, 2023

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

Tesla Stock

tesla stock skid 2.4 % friday, find oneself stout resistance round information technology key 50-day line. despite gain since late april, partake be expect to build vitamin a new base. The stock closed friday forty-seven % murder information technology 52-week high .
TSLA neckcloth constitute down 0.6 % monday dawn .

Dow Jones Leaders: Apple, Microsoft

Among Dow jones stock, apple share slip 0.7 % friday, still close just shy of their 52-week eminent, which be set binding in mid-august. The stock cover to attention deficit disorder to addition above angstrom 157.48 buy point and exist out of the bribe range that carry up to 165.35. AAPL stock washington up 0.3 % monday .
Microsoft share descend 0.4 % friday, fall far from wednesday ‘s 52-week high price of 313. share be sharply above deoxyadenosine monophosphate 276.86 flat-base buy point. on monday dawn, MSFT store hide 0.4 % .
beryllium surely to follow scott Lehtonen on chirrup astatine @ IBD_SLehtonen for more on growth stock and the Dow jones industrial average .
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