Stock Market Today With IBD
A roundup of the most compelling market action each trading day at the closing bell from Investor's Business Daily.
Total Ideas
46
With Returns
42
Equal-Weighted Return
+4.15%
All Ideas (46)
46 Total
Sell Signal for Reddit Amid Technical Breakdown
"Reddit. Tough day for Reddit. Had that nice earnings report that saw the stock gap up close to the 200 level. Looked like it might come down and test the 50-day moving average. ... But by this time, decisive break of the 50-day line, pretty clear-cut sell signal here. ... Signs that some big investors have been selling shares recently."
The analyst describes Reddit as experiencing a clear technical breakdown, notably a decisive break of the 50-day moving average combined with heavy volume selling. While acknowledging the company's strong fundamentals and revenue growth, the technicals suggest a sell signal, advising investors to consider scaling out of positions.
Opportunistic Buy Signal for Snowflake
"And then data analytics firm Snowflake, S-N-O-W. That's an easy ticker to remember. Had a huge earnings move several weeks ago. Stock came down, tested the 21-day line. Looks like it's trying to break out of a little downtrend here. ... Maybe in a week and a half, we'll have a base that starts with this earnings gap up. But, you know, you can see, especially on a weekly, there's sort of a draw the line kind of situation where, where's the bulk of the base? It's clearly right around that level, just around, like, say, just above 230. It's like 232."
The discussion on Snowflake indicates that after a recent earnings move and a pullback to the 21-day line, the stock is showing signs of a breakout from a short-term downtrend. The analyst sees an opportunity if the stock can clear its short-term highs and establish a new base around the 232 level, suggesting a potential buying opportunity in the near term.
Bullish Breakout Trade on Vertiv
"We had Vertiv on the leaderboard watch list for a period of time as it set up. And we moved it from the watch list to the leaders list in the model portfolio today on this beautiful, you know, breakout from a cup with handle base. And what's nice about this cup with handle, it's almost like a handle to this larger base."
The analyst highlights Vertiv as a breakout candidate, noting it has moved from the watch list to the leaders list. The stock has formed a cup with handle base and has passed key technical levels, including the 5% buy zone and being significantly above the 50-day line. The suggestion is to monitor follow-through in the next day for further momentum.
BETZ Faces Existential Threat Amid Disruption
"BETZ. This is Roundhill Sports Betting. Pretty bad break here in heavy volume. There is an existential threat as brokerages like Robinhood push into prediction markets, which could seriously disrupt traditional sports betting models."
The commentary on BETZ highlights mounting pressure on traditional sports betting companies. The discussion points to heavy selling volume and emerging competition from brokerages entering the prediction market space, suggesting caution for investors in this sector.
Pagaya Sell Signal on 21-Day Line Breach
"I would say with Pagaya, that first break of the 21-day line right here where volume really picked up the pace was your first sell signal."
The speaker identifies a technical sell signal for Pagaya (PGY), noting that the first break of the 21-day moving average, accompanied by a volume surge, should prompt investors to consider reducing their positions to lock in gains amid potential volatility.
Nvidia Breakout Signals a Potential Buy
"NVIDIA actually delivered a breakout today. Not a hugely powerful breakout, but it did close above a buy point of 148 – excuse me, 184.48. So, still in the 5% buy zone here. Volume picked up the pace a little bit. That relative strength line, which had been trending lower, is bumping up against new high ground."
Nvidia showed a technical breakout above its buy point near 184.48 with increased volume and a rising relative strength line. This setup suggests a potential buy opportunity for momentum traders looking for a short-term technical edge.
Etsy News-Driven Breakout Commentary
"Etsy, a big winner today. Up almost 16%. Now, that's a breakout. ... It was news related. So if you go to the intraday chart, you can pretty much see when this news came out."
Etsy experienced a dramatic breakout driven by news, with the stock surging nearly 16% and receiving a positive relative strength rating. The commentary suggests that the news catalyst is powering the move, making it a noteworthy event for investors.
Pulte Home (PHM) as a Rotation Play in Homebuilders
"Pulte just happens to be the one we're talking about, but you can take your pick ... this was looking kind of interesting as a rotation play. ... And that does lead me to believe that maybe the housing stocks aren't quite dead yet."
Pulte Home (PHM) receives commentary as a standout among homebuilders, with potential rotational appeal driven by a falling 10-year Treasury yield that supports mortgage rates. Although the speaker does not have a current position, they indicate a willingness to monitor PHM for a potential entry.
Roblox (RBLX) Breakout and Trade Management
"This is up about 4.8 percent today, breaking above this 139.97 buy point on the cup with handle base. ... If this starts filling in that gap or coming back down to the 21 day moving average line, I might be getting out of this a little bit early."
Roblox (RBLX) has broken above a key cup-with-handle pattern buy point, indicating a potential breakout trade. The speaker is already positioned and emphasizes using the 21-day moving average as a stop-loss level to manage risk.
Company Commentary on HowMet Aerospace as a Leading Stock
"To wrap things up here, we mentioned that we were going to talk about an aerospace stock, Howmet Aerospace. It did have this cup base and had a good day today, up one and three quarters percent and right on the cusp of its previous high. What I love about this is that it's proven over a long period of time that it's a leading stock with strong relative strength on a long-term chart."
The speaker offers a stock-specific commentary on HowMet Aerospace, emphasizing its technical strength. Despite not actively trading the stock, he underlines its historical leadership, cup formation base, and strong relative strength as reasons it stands out, making it a potential candidate for investors seeking quality stocks.
Company Commentary on DoorDash’s Technical Setup
"DoorDash, this is one that I actually have kept because I've got a decent profit on it. So just forming what looks like to be a handle here. Got support at the 21-day moving average line. Not much of a correction. And nice bounce on the 21-day moving average line."
The speaker provides a company-specific commentary on DoorDash. He highlights that the stock is forming a solid technical base with a handle formation and support at the 21-day moving average, which has contributed to a decent profit. This reinforces DoorDash as an attractive holding with a favorable technical setup.
Buy Call on MP Materials at $82.50 Buy Point
"And that $82.50 is the traditional buy point on this one. I do own a position in this. It rebounded off of the 21-day line, basically close to the 50-day line. Really strong reversal."
Ed highlights MP Materials as having made a strong rebound off key moving averages; he suggests that if the stock holds above the traditional buy point of $82.50, it could be an actionable buy signal.
Trade Call on Quanta Services (PWR) Based on Base Formation
"Weve been talking about this heavy construction group ... providing construction, specialty contracting services, quanta services, right in the middle of this AI data center expansion. ... There is a flat base here. So the top of the base is obviously the official buy point. This was an early entry. This was our stock of the day."
Quanta Services (assumed ticker PWR) is highlighted as having a well-formed flat base and a buy point at the top of that base. The commentary suggests that this setup, in the context of AI-driven data center expansion, presents an actionable opportunity for entry, making it a notable trade call.
Cautionary Commentary on Alibaba (BABA)
"But I'll tell you, those three declines before today, actually pretty orderly. The stock did give up a lot of ground, but it managed to close off lows most of those days. Came down to the 200 level today and found support, at least for now, at that round number. ... If you bought it around the 200 level, I think you definitely would have wanted to be taking some profits."
The discussion highlights that Alibaba (BABA) has experienced a significant pullback (around 22% off its highs) yet found support near the 200 level. The commentary suggests that investors, especially those who entered at higher levels, might consider taking partial profits rather than waiting for a deeper test of its moving averages.
Micron Earnings Beat and Guidance Lift
"Micron has been quite extended ahead of earnings, but up 1.5% in after markets. They raised guidance about a month ago and are now beating raised views, signaling strong growth."
Ed Carson comments on Micron (ticker: MU) following its earnings report. He notes that after an extended run before earnings, the stock has moderated slightly in after-hours trading while still showing strength. The raised guidance for fiscal 2026 and positive post-earnings action hint at a solid growth trajectory, making Micron a key player in the chip and data storage sector.
Bloom Energy Profit-Taking Caution
"Bloom Energy, down 10% after five up sessions in a row, is showing signs of being overextended. It might be time for those who bought at the breakout to consider taking some profits."
Ed Carson highlights that Bloom Energy (ticker: BE) has experienced a notable 10% decline after an extended rally. He advises investors to consider trimming positions when stocks get overly extended, emphasizing the importance of having an exit strategy to protect gains.
Rocket Lab Setup with Key Support Levels
"Rocket Lab is in a good setup here. It has found support at the 21-day and 10-week lines fairly consistently, which is a positive sign even though this stock is known for its volatility."
Ed Carson provides a commentary on Rocket Lab, noting that despite its erratic price swings, the stock is finding consistent support around its 21-day and 10-week moving averages. This technical support suggests potential for upside if the broader market rallies, although caution is warranted due to its past sharp sell-offs.
Hinge Health Breakout Actionable Setup
"I bought it off the 21-day line a couple of days ago. But there's a trend line from the top of the handle and the base, which makes this breakout scenario interesting."
Ed Carson describes Hinge Health (ticker: HNGE) as having formed a solid base with a recent breakout attempt above the 60 level. He noted he entered the stock near its 21-day moving average and sees the trend line from the base as a potential support. Despite the promising setup, he cautioned about its inherent volatility given its IPO status and unprofitability.
Trade Call: Bullish Play on NRG Energy with Cup Base Pattern
"NRG Energy. This went up 4% today. And again, looking like maybe there's a little bit of a handle here, Justin, but in this cup base on a pattern wreck here on market surge."
The discussion centers on NRG Energy showing a strong technical pattern, specifically a cup base with a handle, and a 4% move up. The analyst indicates that NRG Energy is benefiting from broader energy demand driven by the AI trend, making it an attractive short-term trade.
Trade Call: Buy NVIDIA on 50-Day MA Retake
"This went up almost 4% today. Just shy, it looks like, of this flat base buy point here. But perhaps an early entry with the retake of this 50-day line. I was buying some of that today myself."
The speaker highlights NVIDIA as a key trade call citing its retake of the 50-day moving average and momentum following a major $100 billion investment announcement in OpenAI. The action is framed as an early entry into a strength move.
Bitcoin Trust ETF Early Entry Opportunity
"IBIT... that's the Bitcoin Trust ETF. This one up about 1.6% today, but falling from highs to end the session. It just feels like early entries are a good way."
The Bitcoin Trust ETF (IBIT) is discussed as an actionable play, with commentary suggesting that early entries are optimal after retesting the 50-day line. Although the ETF experienced some pullback from its highs, it presents a potential buy style entry for crypto-related exposure.
Spotify Entry Off 50-Day Bounce
"This one enjoying a nice day up 3.8% today, peaking closer to this 740, 830 traditional buy point here... maybe an opportunity to get in off of this 50-day line bounce."
The discussion points out an actionable trade for Spotify (SPOT), noting that despite the stock climbing 3.8%, it is near a technical support level—the 50-day line bounce. The hosts highlight a traditional buy point between 740 and 830, suggesting a short-term entry opportunity.
Palantir Flash Buy Signal
"Palantir, Spotify, and Interactive Brokers all flash buy signals today."
The hosts mentioned that Palantir, along with other names, exhibited flash buy signals during the market rally. The phrase "flash buy" indicates an actionable signal to consider taking a position, leveraging short-term technical triggers in a strong market environment.
NLR - Swing Trade on VanEck Uranium & Nuclear ETF Strength
"NLR, the VanEck Uranium and Nuclear ETF, surged about 6.8% today and closed at the top of its trading range. This strong movement in the nuclear space prompted a full Swing Trader position recommendation, indicating a swift entry to capture the momentum."
The ETF NLR is identified as a strong play in the uranium and nuclear sector, having gained 6.8% in one day. The recommendation, already put on as a full Swing Trader position, suggests investors tap into this momentum, positioning for short-term gains in the sector.
Meta Platforms Early Reversal Entry Strategy
"Meta Platforms went up 1.2% today and traded solidly above its 21-day moving average. Instead of buying at $800 and risking a late entry, the strategy suggests looking for an early entry on a downtrend reversal from the resistance area near 796.25 to 800, enabling quicker exit if the price undercuts Friday's low or falls below the 50-day moving average."
The call for Meta Platforms recommends an early entry strategy that avoids buying at elevated levels like $800. The actionable insight is to wait for a reversal from the resistance zone (around 796.25 to 800) to secure a tighter stop-loss and minimize risk, making it a tactical swing trade position.
Cameco (CCJ) Swing Trade on Intraday Pullback Opportunity
"Cameco, ticker CCJ, had a phenomenal day up 10.5%, reaching as high as 86 after crossing key resistance around 80 and 81. The analysis points out that buying at the top may risk a pullback; however, an earlier entry near the 80 level could have captured an intraday move of about 6%."
The recommendation for Cameco (CCJ) advises caution when entering at the highs, suggesting that early entries near the resistance level of 80 could yield approximately 6% intraday gains. The actionable trade call focuses on using intraday alerts to capture the move while managing risk on potential pullbacks.
Uber Early Entry on Breakout from Cup Formation
"Uber, the rideshare company, is up 3% today and peaked above a cup with handle formation at a buy point of 97.54. An earlier entry on Monday occurred as it crossed above its 50-day moving average, suggesting that buying at the upside reversal can help reduce loss if the price dips below 90."
The analysis highlights Uber (assumed ticker UBER) as a trade candidate, pointing to a breakout setup with a specific entry point near 97.54. The recommendation emphasizes entering early on the reversal with risk management, noting that an entry on the breakout (or on a pullback if the price falls below 90) can potentially secure a trade with limited downside.
Early Entry Opportunity in Oklo (OKLO)
"Oklo is extended from the 50-day line, and you want to try to buy as close to the buy point early entries as you can. This would probably have a flat consolidation in another week, but could see a move of 20% above the base or a drop toward 60."
Oklo (OKLO), an AI-adjacent nuclear play, is trading near its 50-day moving average and appears to be forming a consolidation base. Investors are advised to look for early entry opportunities near the technical buy point, as the stock may rally by approximately 20% over its base within the coming week.
Early Buy Signal for NVIDIA (NVDA)
"I think now you could just wait to get above this week's high. It would probably serve as an early entry and still be pretty close to the 50-day line. I wouldn’t be surprised if, over the next four weeks, it rose 20 to 25 percent."
The discussion indicates a strong early buy signal for NVIDIA (NVDA). Investors should consider entering a long position if NVDA breaks above this week's high and remains near its 50-day moving average, with an expectation of a 20-25% advance within the next four weeks.
Swing Trade Opportunity in Tesla (TSLA)
"This one a big mover today. Up 6% and revving above this buy point of 367.71. I think people could consider taking a swing trader attitude because of this up, down, up, down. If there is that surge of about 30% from here, you might consider taking partial profits to lock in gains."
Tesla is showing a strong breakout signal with a 6% gain and trading above a critical technical buy point of 367.71. The stock is establishing higher highs and higher lows, suggesting a viable swing trade setup. Investors are advised to consider entering the trade now and potentially take partial profits if the stock surges by around 30%, thereby managing risk and locking in gains.
Breakout on GE Vernova (GEV)
"Let's take a look at GE Vernova, Ed. That's ticker GEV. I'll switch back to the daily here. This one finishing the day up 6.25%. Clear move above the 50-day line now after falling below there and hitting resistance there for a little bit. But he punched him through. Definitely getting above key levels. It was actionable. It'll have a base after this week."
GE Vernova (GEV) exhibited a strong breakout by closing 6.25% higher, firmly re-establishing itself above the 50-day moving average after a period of resistance. The analysis indicates that, with key levels broken, the stock is likely to form a flat base after this week, suggesting a timely buy opportunity.
Palantir Technical Breakout Swing Trade Opportunity
"Palantir is up about 4% today, retaking that 21-day line and decisively above the 50-day line. Investors could have taken an opportunity to buy here, as it shows emerging consolidation that could evolve into a base by the end of next week."
Palantir (PLTR) has broken above key moving averages – the 21-day and 50-day lines – and is up roughly 4% today. This technical breakout suggests a swing trade opportunity, with potential consolidation signaling a base formation by the end of next week.
CVR Energy Swing Trade Setup at 32.67 Buy Point
"This one, a nice move today, up about 7.5%, peaking above this 32.67 buy point out of a cut base, Ed. And you look at the fundamentals and go, why are we looking at this stock? The margins are starting to turn up quite a bit and the crack spread is picking up."
CVR Energy (CVI) showed a strong early move by rising about 7.5% and breaking above the technical buy point of 32.67. The catalyst is based on improving margins and a favorable crack spread, suggesting an early entry swing trade setup.
Swing Trade Cadence Design (CDNS) on Breakout Above 10-Week MA
"Cadence Design, up 2.7%, is building the right side of this flat base with a traditional 376.44 buy area. After the 30 minute restriction period I bought some, and I have had success on this move before. Its a tight setup with a 10% deep flat base and solid relative strength."
Cadence Design (CDNS) presents a compelling swing trade opportunity as it breaks out above a tight 10-week moving average support. With a gain of 2.7% and a traditional entry at the 376.44 level, this long-term leader in chip design offers a well-defined technical setup ideal for a short-term position that can be scaled into a longer-term holding.
Enter Amazon (AMZN) Near 236.53 Buy Point
"Amazon is up about 1.5% and looks like its just below that 236.53 buy point. Earlier resistance at 234.08 offered an entry opportunity, suggesting a potential early entry ahead of further strength."
Amazon (AMZN) is showing a potential buy signal as it trades just below the 236.53 level, with previous resistance around 234.08. This setup provides an opportunity for position traders to consider an entry for a potential short-term swing, riding the strength of mega cap momentum.
Buy Call on Taiwan Semiconductor (TSM) at Key 248.28 Buy Point
"This one finishing the day up 1.6%. Just flirting with this 248.28 buy point, but there's probably an early entry. Friday clearly was a legitimate entry as it gapped above the 50-day moving average and broke through resistance at 240, forming a flat base with only 10% depth."
Taiwan Semiconductor (TSM) is showing a solid technical setup with a flat base and a breakout above its 50-day moving average. With a 1.6% advance and a buy point at approximately 248.28, traders can look for an early entry, using the tight 10% base as a catalyst for a swing trade.
Manage Robinhood (HOOD) Position with a 93.36 Stop Loss
"I had hood coming into today and I backed out of it because it wasn't working out. If you're in it, using the 93.36 is probably a good final line in the sand if you didn't sell it today."
The speaker explains that his position in Robinhood (HOOD) was not performing as expected and suggests that traders holding HOOD should consider a stop loss around 93.36. This actionable signal gives a specific price level for risk management in an active swing trading approach.
Homebuilders ETF XHB Shows Momentum Above Key Buy Point
"What about homebuilders? That's XHB. This one up over 3% today, showing a nice strong move going back above this previous buy point."
The Homebuilders ETF (XHB) is up over 3% and has moved back above a critical buy point. With the expectation of rate cuts and renewed momentum in the housing sector, this ETF offers a timely opportunity for investors interested in capitalizing on a sector rebound.
Netflix Reverses Decline with 50-Day Breakout
"Netflix, another nice winner today, up about 2.6% coming above that 50-day line. It was an upside reversal for this week as it had been trading below the 50-day line."
Netflix (NFLX) is experiencing an early reversal characterized by a 2.6% gain and a breakout above its 50-day moving average. The improvement in price action marks a potential buy point for short-term investors looking to capitalize on a technical rebound.
Early Entry on Amazon Based on Technical Bounce and AI Catalyst
"This one, a nice move today, up about 4.3%. It bounced off the 50-day line and is closing in the upper part of its trading range. The positive report of teaming up with Anthropic for its AI initiatives is adding strength."
Amazon (AMZN) is showing strong technical indicators with a 4.3% intraday gain, bouncing off a key 50-day support. The recent AI partnership with Anthropic provides an attractive catalyst for early entry despite recent volatility. Investors may consider a buy position to capture potential near-term upside.
Elf Beauty Buy Opportunity from Double Bottom Formation
"This is another name that has come back from a pretty sharp sell off, but is acting very, very well. There is a buy point at 124.31. Technically, there's probably a handle that's maybe like 123.94. So you could take an entry at that double bottom base, or possibly use Friday's high as an alternate entry."
The segment discussed Elf Beauty's recovery from a steep sell-off with a technical double bottom base. A clear buy opportunity has been identified at around 124.31 (or near 123.94), implying a potential turnaround in momentum. The actionable trade signal is to consider a long position given the technical rebound and evolving earnings outlook.
Apple Buy Signal at Technical Breakout
"So that's just a big windfall. I mean, it's not going to change the numbers, but the fear was that they were going to lose that money. So even for Apple, $20 billion is a lot of money. And so that cleared this buy point at 235.12. That is a legitimate handle. It's a classic technical breakout with volume picking up the pace."
The discussion highlighted Apple's resilience amid antitrust news involving Google, noting that the continuation of the search deal supports revenue. The stock cleared a definitive buy point of 235.12, remaining within a 5% zone of the pivot. Investors are advised to consider entering a long position due to the technical breakout and sustained volume momentum.
Buy Boeing on Breakout Above Friday"s High
"I think if Boeing got above Friday's high, that could be used as an early entry. It’s showing a nice bounce off the 21-day line and setting up what looks like a flat base, suggesting that a breakout play might be in order."
The discussion outlines a buy signal for Boeing. The actionable trade call is to buy if the stock breaks above Friday's high, with the stock already trending above its 50-day moving average and showing a technical base formation that supports a breakout.
Trim GE Vernova Position if Breach 10-Week Support
"And I think trimming makes a lot of sense here. We took the opportunity to take some money off the table in GE Vernova as it came out of its base; if it decisively falls below the 10-week line, you could choose to sell the remainder of your position."
The team recommends trimming the GE Vernova position by half if the stock decisively falls below its 10-week moving average. This technical trigger is suggested as a method to lock in gains from the recent uptrend and mitigate risks if the stock fails to hold support.
Watch Rubrik for Intraday Trend Line Breakout
"Rubrik went up about 6.3 percent today off the 50-day line. It came up to a trend line near its 97 level and then quickly reversed from a level near 103. If you haven\"t bought it yet, you might wait to see if it clears this trend line as a signal for an entry."
Rubrik showed a 6.3% surge with a dynamic action around its short-term trend line, bouncing between the 97 and 103 levels. The actionable insight is to monitor Rubrik and enter a long position if it clears its current resistance at the trend line, keeping an eye on its upcoming earnings catalyst in about 12 days.
Buy Call on Cameco Following 50-Day Breakout
"This went up about 4.4 percent today, bouncing off the 50-day line. If you didn\"t buy it now, you could probably still buy it off of that breakout."
Cameco showed a strong bullish move by rising 4.4% and bouncing from its 50-day line, suggesting an entry opportunity. The recommendation is to consider buying Cameco on a retest of its breakout level, as this stock appears to be setting up a short-term base for further gains.