The Dow Jones Industrial Average rallied 300 points Monday as investors digested an early round of economic data. Tesla (TSLA) stock jumped 4% after the electric-vehicle leader said its German production plant is now producing 4,000 cars per week ahead of schedule. Meanwhile, China-based Tesla rival Li-Auto (LI) surged more than 4% on better-than-expected fourth-quarter earnings and sales results.
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The Commerce Department’s durable goods orders dropped 4.5% in January, more than the expected 4.0% fall, following December’s 5.6% jump tied to aircraft orders. Meanwhile, the National Association of Realtors’ pending home sales index jumped 8.1% month over month, handily topping Wall Street’s expected 1% rise.
Later this week, the Institute for Supply Management’s manufacturing survey index is slated for Wednesday at 10 a.m. ET, followed by the ISM service-sector gauge on Friday at 10 a.m.
Among other companies reporting earnings this week include C3.ai (AI), Taugofie tau o Costco (NOFO), Laina Toto (DLTR), Kohl's (KSS), Lowe's (LOW), a Macy (M), Ross Stores (ROST), Salesforce (CRM) ma Workday (ASO).
Oloa Maketi Aso Nei
Dow Jones tekinolosi sauai apu (AAPL) ma Microsoft (MSFT) traded sharply higher pe a uma ona tatala le maketi.
IBD Leaderboard siaki lisi fa'asoa Alto fetaulaiga Palo (FUA), Deere (DE), Totogi Uso (TOL) ma Wingstop (UI) - faʻapea foʻi ma faʻatauga a Dow Jones Faiga Cisco (CSCO) ma JPMorgan Chase (JPM) - o loʻo i totonu o faʻatauga pito i luga e mataʻituina, faʻatasi ai ma le vaivai o maketi o oloa talu ai nei.
Palo Alto o se IBD Leaderboard siaki lisi fa'asoa. Deere sa lata mai IBD Stock O Le Aso piki. Cisco Systems ma Wingstop sa fa'aalia i le vaiaso talu ai Stocks Near A Buy Zone koluma.
Dow Jones i Aso Nei: Tau Suau'u, Tupe Maua
After Monday’s market open, the Dow Jones Industrial Average rose 0.9%, and the S&P 500 moved up 1%. The tech-heavy Nasdaq composite gained 1.2% in morning action.
Ile US fesuiaiga o tupe, le Nasdaq 100 tracker Invesco QQQ Trust (QQQ) fa'atauina i luga 1.1% ma le SPDR S&P 500 ETF (SPY) na siitia 0.8% i le amataga o le Aso Gafua.
On Friday, the 10-year U.S. Treasury yield settled at 3.94%, rising for a fifth-straight week after the hot inflation report. Then on Monday, the 10-year yield ticked higher to 3.97%.
Oil prices paused after a two-day rally, with West Texas Intermediate futures trading just above $76 a barrel.
Tauiviga o Maketi Fa'atauga
On Friday, the Dow Jones Industrial Average sold off 1%, and the S&P 500 lost 1.05%. The Nasdaq composite tumbled 1.7%.
Koluma Ata Tele o le Aso Faraile commented, “The current uptrend is coming under increasing pressure, which justifies holding a lower exposure level of 40% to 60%. Pay special attention to sell signals within your portfolio. Cut stocks that fall 7% to 8% from your entry and holdings that break below the 50-day or 10-week moving averages.”
Lima Dow Jones Stocks e Fa'atau Ma Matamata Nei
Dow Jones Stocks E Fa'atau Ma Matamata: Cisco, JPMorgan
Banking giant JPMorgan is in buy range above its 138.76 flat-base buy point after Friday’s 0.9% gain, according to IBD MarketSmith chart analysis. Shares are also rebounding from their key 50-day moving average. JPM shares traded up 0.7% early Monday.
JPM fa'asoa o lo'o fa'aalia le 94 mautu mai le 99 atoatoa IBD Composite Fa'ailoga, mo le Su'ega a le IBD. O le Composite Rating ua mamanuina e fesoasoani ai i le aufaipisinisi e faigofie ona maua faʻatauga maualuga.
O lo'o fa'aalia i le vaiaso ua tuana'i Stocks Near A Buy Zone koluma, Cisco Systems fell further below a flat base’s 50.81 faatau togi during Friday’s 1.5% decline. Shares are trying to halt their slide around their 50-day line and are about 4% below the entry. Cisco stock gained 1.5% early Monday.
4 Fa'atauga Maualuga Maualuga e Fa'atau Ma Mata'ituina I Le Faʻatupega Tupe Faʻatau
Fa'atauga Sili e Fa'atau Ma Matamata: Palo Alto, Wingstop
IBD Leaderboard lisi mata'ituina fa'asoa Palo Alto Networks is building the right side of a base that has a 193.01 buy point in the wake of last week’s more than-10% jump. PANW stock rose 1.8% Monday morning.
Tua: O le vaiaso talu ai, o le cybersecurity giant na fa'asalalauina ni fa'ai'uga lelei tele mo le kuata faaiʻu Ianuari na vaʻaia ai tupe maua $ 1.05 i le sea, i luga 81% vs. i le tausaga na muamua atu, i luga o le 26% oso i tupe maua i le $ 1.7 piliona.
Wingstop is back in the 5% chase zone past a 169.04 cup-with-handle entry that tops out at 177.49 after a two-day slide. Investors should wait for signs of support before considering a purchase of shares, especially amid the deteriorating general market conditions. WING stock moved down 1.2% early Monday.
Tua: O le faleaiga a Dallas e sili atu i le 1,900 nofoaga i le US ma maketi faavaomalo, e tusa ai ma Dow Jones Newswires. O ona nofoaga fa'avaomalo e aofia ai Mekisiko, Kolomupia, Panama, Sigapoa ma le UK Wingstop na fa'aopoopoina 61 nofoaga fou i le kuata lona fa, ma aumaia ai le tulagavae atoa a Wingstop i le 1,959 fale'aiga i le lalolagi atoa.
Deere, Toll Eye Fa'atauga lata mai
Deere shares declined 1.8% Friday, giving up support around their 50-day line. Shares are 6% from a 448.50 buy point in a flat base. DE stock moved up 0.5% Monday morning.
Tua: O se faifa'ato'aga fa'apisinisi, ua fa'ate'a'ese e Deere le fa'aletonu ma le fefe i le tau o le tau e maua mai ai tupe mama mautu. I le tausaga talu ai, o le maualuga o tau o oloa na mafai ai e le au faifaatoʻaga ona faʻatau uma masini fou ma faʻaleleia. I le kuata muamua tau tupe na faaiuina Ianuari 29, na lafoina e le fai palau se 124% oso i le-sea tupe maua i luga o le 32.2% le aofaʻi o tupe maua, e lua faʻatatau i luga. Fa'ateleina tupe maua mo le kuata lona lua.
Homebuilder Toll Brothers is building a cup-with-handle base that displays a 63.29 buy point. Bullishly, the stock boasts a relative strength line just off new highs after last week’s 50-day support. TOL fa'asoa o loʻo faʻaalia le malosi 95 IBD Composite Fa'ailoga. Toll Brothers shares were up 2% early Monday.
Tua: Vaiaso talu ai, fau fale taugata Toll Brothers pito i luga tupe maua ma tupe maua a'o tumau pea lana ta'ita'iga mo le tausaga atoa. O le lipoti tau tupe a le fale faufale e oʻo mai i le 12-masina faʻasolo i le US o loʻo iai tau o fale na faʻaalia ai faʻailoga o le faʻagesegese ia Ianuari.
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Fa'atauga e Fa'atau Ma Mata'ituina I Fa'asalalauga Maketi
O fa'atauga sili ia e ono e fa'atau ma matamata i maketi fa'aonaponei, e aofia ai ta'ita'i e to'alua o Dow Jones.
| Company Suafa | faʻailoga | Fa'atau sa'o | Ituaiga o Fa'atau Point |
|---|---|---|---|
| Deere | (DE) | 448.50 | Fa'avae mafolafola |
| Totogi Uso | (TOL) | 63.29 | Ipu ma le au |
| Faiga Cisco | (CSCO) | 50.81 | Fa'avae mafolafola |
| Alto fetaulaiga Palo | (FUA) | 193.01 | tuufaatasiga |
| JPMorgan | (JPM) | 138.76 | Fa'avae mafolafola |
| Wingstop | (UI) | 169.04 | Ipu ma le au |
Punavai: IBD Data As Of Feb. 27, 2023
Tesla Stock
Tesla oloa skidded 2.6% Friday, ending a two-day win streak. Despite their strong rebound since Jan. 6, shares are still below the 200-day line and that key level looms as a potential resistance area. Shares closed Friday around 49% off their 52-week high.
Shares on Monday looked to bounce back from Friday’s losses, racing 4% higher in early trade.
Tesla is set to hold its investor day Wednesday, with Chief Executive Elon Musk teasing plans to present his “Master Plan 3” at the event. Analysts say they know few details, and many doubt there will be any new product announcements. Musk says his “Master Plan 3” is about a “path to a fully sustainable energy future for Earth.”
Taʻitaʻi Dow Jones: Apple, Microsoft
ma Dow Jones fa'asoa, Apple shares sold off 1.8% Friday, giving up support around their 200-day line. Shares are around 18% off their 52-week high. Apple stock rose 1% Monday.
Microsoft shares again fell below their 200-day line, sliding 2.2% Friday. The stock is more than 20% off its 52-week high after recent losses. MSFT stock was up 1.05% Monday morning.
Ia mautinoa e mulimuli ia Scott Lehtonen luga o le Twitter i @IBD_SLehtonen mo sili atu i le tuputupu aʻe oloa ma le Dow Jones Alamanuia Tusa.
E MAFAI ONA E FIAFIA:
Maualuga Maualuga Oloa E Faʻatau Ma Matamata
Aʻo faʻafefea ona taimi le maketi ma le IBD's ETF Market Strategy
Saili Lelei Tetele Teu Tetele Faʻatupeina Ma IBD Umi Taʻitaʻi Taʻitaʻi
MarketSmith: Suesuega, Siata, Faʻamatalaga Ma Faiaʻoga uma i le tasi Nofoaga
Source: https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-climb-ahead-of-economic-data-tesla-stock-jumps-on-production-ramp/?src=A00220&yptr=yahoo