December 5, 2022

Dow Jones futures fall as stock market sells; These 5 tech giants are stumbling

Dow Jones futures fell briefly 150 points late Monday following the sell-off of the session. Technology giants Apple, Microsoft, Nvidia, PayPal and Square fell, while Tesla shares rallied on strong deliveries on Monday.


On Monday, the Dow Jones Industrial Average fell 0.9%. The S&P 500 fell 1.3%, while the Nasdaq fell 2.1%.

In the middle Dow Jones Leaders, Apple (AAPL) Fell 2.5% Microsoft (MSFT) Moved down 2.1% Today’s stock market. American Express (AXP) And Merck (M.R.K.) Is doing well in the current stock market revision.

Tesla (DSLA) Accumulated nearly 1% on the back of strong distributions, going above the recent buying point of the stock. Technology legends Nvidia (NVDA), PayPal (PYPL) And Square (SQ) All sold out.

Best stocks to see, Netflix (NFLX) And ServiceNow (NowMonday was relatively good during the stock market weakness.

Microsoft, ServiceNow and Tesla IBD Leaderboard Shares. American Express a IBD SwingTrader Stock Netflix featured this week Shares near the A Buy Zone column.

The future of Dow Jones is today

After the stock market closed on Monday, the Dow Jones futures lost a fair value of less than 0.1%, while the S&P 500 futures were higher. The Nasdaq 100 futures were up 0.25% and above the fair value. Remember that trade The future of Dow Jones And elsewhere does not need to be translated into the next regular regular trade The stock market Session

Today’s US Stock Exchange Overview

Table Logo Price Gain / Loss % Change
Dow Jones (0DJIA) 34003.58 -322.88 -0.94
S&P 500 (0S & P5) 4300.48 -56.56 -1.30
Nasdaq (0NDQC ) 14255.49 -311.21 -2.14
Russell 2000 (ETC.) 220.27 -2.01 -0.90
IPD50 (FFTY) 45.85 -1.27 -2.70
Last Updated: 4:34 PM ET 10/4/2021

In the middle Exchange Trading FundInnovation IPT 50 (FFTYIt was down 2.8% on Monday. Nasdaq 100 Tracker Invesco QQ Trust (QQQLost 2.1%. And SPDR S&P 500 ETF (Spy) Decreased by 1.3%.

Stock market correction

The Nasdaq and S&P 500 fell the most recent low on Monday as the current latest market adjustment worsened. The Nasdaq has closed at its lowest level since June 22 and can test its long-term 200-day moving average. Meanwhile, the Dow Jones Industrial Average traded up 1.4% on Friday, but was higher than its recent low.

The big picture on Friday Commented, “The stock market should, in a revision, avoid the temptation to buy stocks in the downward market. There will always be stocks that show strength, but a weak market will eventually bring everything down. Among the renewed signs of institutional buying, new systems should emerge as early as next week if market conditions continue to improve.

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See Dow Jones Shares: American Express, Merck

Dow Jones Leaders American Express and Merck blue chip stocks to watch in today’s stock market activity.

IBD SwingTrader The stock is approaching the buying point of 179.77 per cup with the American Express handle IBD MarketSmith Chart analysis. But the stock fell 0.7% on Monday from early gains, about 4% away from the new entry.

Merck was added to Friday’s uptick, gaining 2.1% on Monday. On Friday, Merck said its Govit tablet The final phase study halved the risk of hospitalization. Merck shares crossed the 79.33 buy point on a flat platform.

Moving stocks: Nvidia, PayPal, Square

Technology companies Nvidia, PayPal and Square sold out on Monday.

Nvidia shares fell 4.85% on Monday. On September 20, the stock was launched Round trip sales signal 207.43 in a cup with handle from the point of purchase. Investors should sell when giving up a double-digit gain entirely to avoid a stock loss. Now, the stock is 5% lower than the old buying point.

PayPal fell 3.6%, falling further down its long-term 200-day line. The shares are up nearly 20% from their 52-week highs.

The square fell 5.45%, breaking sharply above the 200-day moving average. The Top Payment Stock is 22% lower than it was all time on August 5th.

Stocks to watch: Netflix, ServiceNow

Despite a rough decline of 1.6% on Monday, FANG shareholder Netflix continues to hold within a new buying zone. The stock is in the 5% buying zone above 593.39 Entry point In an integration in the middle The latest global hit Of its series “Squid Game.”

According to IPD stock testing, NFLX stock Shows a strong 97 out of a perfect 99 IPT Joint Assessment. The IPD joint rating identifies stocks with a combination of strong core and technical characteristics.

IBD Leaderboard Stock ServiceNow is trying to find support around its key 50-day moving average Although the overall market is weak. But the stock fell more than 2% on Monday, closing below that key criterion.

Cruel, stock Relative strength tax The stock peaked in late September, indicating that the stock is doing well amid current stock market volatility. But now the stock is under pressure again. When Weak markets, Look for stocks that hold the best. When the market recovers, these names may be the next few best stocks.

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Tesla stock

Tesla shares up 0.8% on Monday The company said The electric vehicle company reported a total of 241,300 cars delivered in the third quarter, up from 201,250 in the second quarter and 184,800 in the first quarter. FactSet Analyst estimates range from 218,000 to 246,000, with a consensus of 232,000.

The stock closed two days higher on Monday, closing above the 764.55 buying point in a cup with a handle.

TSLA shares closed 13% away from the record high. On January 25, Tesla shares peaked at 900.40, up 93% from a 466 buy point. Cup-handle method.

Dow Jones Leaders: Apple, Microsoft

In the middle of the top Dow Jones Shares, Apple went down 2.5% on Monday and returned all of the 0.8% gain on Friday. The stock is still below the 50 day tax.

Software company Microsoft fell 2.1% on Monday as the stock continues its trading on the 50-day line. A new flat base is formed with a buying point of 305.94.

Follow Scott Lehtonon on Twitter @IBD_SLehtonen Learn more about growth stocks and the Dow Jones Industrial Average.

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