Connect with us

Business

Dow Jones Flat, but Intel, Microsoft outperform; The stock market leader bounces quickly upwards


Nasdaq composite outperformed Tuesday afternoon, up 1%, as market leaders like You’re here (TSLA) and Shopify (SHOP) has reached new heights. But after a good day of outperformance on Monday, the Dow Jones Industrial Average has fallen behind, weighed down by a drop of 6% for Boeing (BA).




X



Boeing shares rose 14% on Monday after the company’s struggling 737 Max jet had its first FAA recertification flight. But Boeing’s stock was low Tuesday after Norwegian Air canceled orders for 97 Boeing 737 Max and 787 jets. The airline is also seeking compensation for the grounding of the 737 and the engine problems associated with the 787.

On the last trading day of the second quarter, the Russell 2000 Small Cap Index was up 0.8%; the S&P 500 rebounded 0.5% and industrialists in the Dow Jones fell 0.2%. The S&P 500 is on track for its best quarter since the fourth quarter of 1998, when it rose 20.9%. The Nasdaq is about to make its best quarter since the fourth quarter of 2001, when it rose 30.1%.

Chip Stocks leads the way

Semiconductor stocks outperformed, helped by strong report Micron technology (MU). Micron’s stock has increased, but is still below a point of purchase of 54.92.

Nasdaq 100’s best performing stocks included Lam research (LRCX) and Qualcomm (QCOM). Lam Research, discussed in Tuesday’s IBD Live show, is fighting for a breakout on a point of purchase of 325.22. Qualcomm is just below a 92.24 entry.

The Philadelphia Semiconductor index increased by more than 2%. The top performing sectors of the S&P 500 included finance, technology and real estate.

According to the Big Picture column on Monday, the stock market remains in a confirmed upward trend. The S&P 500 confirmed a new upward trend on April 2 with a follow-up day. The follow-up day for the Nasdaq composite was April 6. The number of distribution days remains slight for the Nasdaq, but it is a little high in the S&P 500. At the top on Tuesday, the S&P 500 showed five days of distribution but only two on the Nasdaq.

Growth stocks outperformed Tuesday after underperforming on Monday. IBD 50 ETF innovator (FFTY) was up 1.7% after rising slightly on Monday. The exchange-traded fund recovered well after Monday’s lows, but lagged behind the 1.2% gain in Nasdaq.

US Stock Market Today overview

IndexsymbolPriceLoss of profit% Change
Dow Jones (0DJIA)25556.24-39.56-0.15
S&P 500 (0S & P5)3073.07+19.83+0.65
Nasdaq (0NDQC)9985.20+111.05+1.12
Russell 2000 (Etc.)142.32+1.18+0.84
IBD 50 (FFTY)34.27+0.56+1.66
Last update: 1:24 PM AND 6/30/2020

Best winners of IBD 50 Tuesday included Focus Financial Partners (FIRE). IBD Industry leader recently issued a sell signal from a point of purchase of 31.51, but recovered the point of purchase with conviction on Tuesday.

Dow Jones Movers

Intel (INTC) was one of the main winners of the Dow Jones today, up[17%althoughtheIntelactiontookplaceafterareassuranceatapointofpurchaseof6223[17%althoughIntelstockhasbeenstrugglingafterafailedbreakoutovera6223buypoint[17%bienquel’actionIntelaiteudumalaprèsunecassureratéesurunpointd’achatde6223[17%althoughIntelstockhasbeenstrugglingafterafailedbreakoutovera6223buypointTo write (QRVO) has a more beautiful graphic in the group of chip makers. He recovered a point of purchase of 108.88 on Tuesday.

Microsoft (MSFT) added 1.3%, but it exceeded an alternative entry of 187.61.

Goldman Sachs and JPMorgan also outperformed the Dow Jones, but not because of rising interest rates. The 10-year Treasury yield remained broadly stable at 0.63%.

Aside from the Dow Jones, the MarketSmith Growth 250 has served many big winners. Lululemon Athletica (LULU) was out of the session highs, but rose another 5% after the company announced plans to acquire home fitness company Mirror for $ 500 million. Is LULU stock a purchase now?

Cutting-edge IT company Quickly (FSLY) was another strong winner, up 7%. Stocks plunged 9.7% on Monday in high volume, but Tuesday’s rally was also marked by strong sales. Due to an explosive gain from a point of purchase of 25.33, Fastly is a candidate to form a tall, tight flag pattern. Due to Tuesday’s solid gains, Fastly stocks have only fallen 2% so far this week after climbing 36% last week.

Chip designer Inphi (OR) consolidates well because it maintains support at the 10-week moving average. An accumulation / distribution rating of A- and a high / low volume ratio of 1.5 indicate solid demand for stocks in recent weeks.

Follow Ken Shreve on Twitter @IBD_KShreve for more stock market analysis and information.

YOU MIGHT ALSO LIKE:

Why this IBD tool simplifies the search for the best stocks

Coronavirus stock market survival guide

Catch the next big winning stock with MarketSmith

The best growth stocks to buy and watch

IBD Digital: Unlock IBD’s action lists, tools and premium analysis today

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos



picture credit

ExBUlletin

to request, modification Contact us at Here or [email protected]

Advertisement
plus
Sports2 mins ago

REPORTS: Alexander Zverev and David Ferrer Spark Coaching Association

World number seven Alexander Zverev said goodbye to his coach Ivan Lendl in July 2019. Their league was ended haphazardly...

Tech3 mins ago

BioShock Creator’s new game includes “Some Weird Sh **”

Take-Two is reviving the BioShock franchise, but the creators, designers and writers of the series, Ken Levine, are not working...

International3 mins ago

What we know so far

India’s first coronavirus vaccine – Covaxin – is being developed by Bharat Biotech in collaboration with the Indian Medical Research...

Politics4 mins ago

Trump to host outdoor rally in Portsmouth, NH on Saturday – NBC Boston

President Donald Trump is scheduled to hold an outdoor rally in Portsmouth, New Hampshire later this week, his campaign announced...

Fashion5 mins ago

Inside the elegant North Dublin home of fashion blogger Rosie Connolly The Irish Sun

A look inside the elegant North Dublin home of fashion blogger Rosie Connolly. With 336 thousand followers on Instagram, Rosie...

International6 mins ago

US-China tensions heat up in the South China Sea

The two U.S. carriers arrived in the region as China completed its group of naval exercises near a disputed island...

Entertainment6 mins ago

Arundathi Nag’s ‘Paa’, ‘Dil Se’, Other Bollywood Movies To Add To Your Watchlist

Arundathi Nag is an Indian actor who is also known for his theatrical appearances. For over 25 years, she has...

International7 mins ago

Coronavirus, US service sector data at a glance

Alena Vikhareva | iStock | Getty Images The dollar remained stable against most currencies on Monday, as investors awaited data...

Business8 mins ago

Despite COVID-19 pandemic, investment in mutual funds quadrupled – The New Indian Express

By Express News Service NEW DELHI: Investors in mutual funds, especially newbies, have become very aggressive. Despite a sharp slowdown...

Politics9 mins ago

Prime Minister Imran calls for reform of the justice system

ISLAMABAD: Information Minister Shibli Faraz stressed the need for judicial reform in the country on Saturday, saying that previous PPP...