Dow down 200 points ahead of key inflation data; 6 Top Stocks to Buy and Watch

Dow down 200 points ahead of key inflation data;  6 Top Stocks to Buy and Watch

Dow futures rose ahead of Tuesday’s open after the Dow Jones Industrial Average snapped a two-day winning streak on Monday. Six major stocks that can be bought and monitored include hot IPO shares Mobileye (MBLY).




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Early Tuesday, the Producer Price Index (PPI) is due at 8:30 AM ET. The producer price index is expected to rise 0.5% in October versus average. Previous Month. Wholesale inflation is expected to jump 8.3% from a year ago.

Third quarter earnings season This week continues, with major reports from Dow Jones stock Cisco Systems (CSCO), Home Depot (HD) And the Walmart (WMT), along with Applied materials (AMAT), kohl (KSS), Louie (a little), Messi (M), nvidia (NVDA), Palo Alto Networks (bano) And the targeting (TGT).

stock market today

On Monday, the Dow Jones Industrial Average lost 0.6%, or 211 points, and the S&P 500 fell 0.9%. The Nasdaq Technology Composite Index is down 1.1%.

within money exchange circulatingNasdaq 100 Invesco QQQ Trust Tracker (QQQ(Down 0.9%, SPDR S&P 500 Index)spy) decreased 0.8%.

electric car giant Tesla (TSLA) is down 2.6% on Monday. within Dow Jones stockAnd the apple (AAPL) traded down 0.4% and Microsoft (MSFT) lost 2.25% in stock market today.

Among the top stocks to buy and watch, IBD Leaderboard stock Arista Networks (Network), IBD SwingTrader stock General motors (GM), GlobalFoundries (GFS) and Mobileye and Philips 66 (PSX) – as well as the name Dow Jones Larva (cat) – among the top stocks to buy and watch.

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Arista Networks is IBD Leaderboard stock watch list and also appeared In the stock column near the buy zone last week, along with three other top stock ideas. GM is IBD SwingTrader stock. Mobileye appeared last week Underwriting leader.


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Dow futures today: Treasury yields, oil prices

Before the opening bell on Tuesday, Dow Jones futures were up 0.2% vs. Fair value, while S&P 500 futures rose 0.25%. Tech-heavy Nasdaq 100 futures rose 0.35% against stocks. fair value. Remember to work overnight in Dow Jones futures contracts and elsewhere that does not necessarily translate into actual circulation in the next regular session Stock market session.

The 10-year Treasury yield rose to 3.86% on Monday, reclaiming a small portion of last week’s decline. Meanwhile, US oil prices fell more than 4% as West Texas Intermediate crude futures were trading above $85 a barrel.


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What to do in the stock market

Now is an important time to read IBD’s The Big Picture Column After the stock market trend has moved from “uptrend under pressure” to “confirmed uptrend”.

At this time, it is important to be flexible. Despite recent gains, investors should maintain a cautious attitude, limiting exposure to no more than 40%. Wait for further confirmation of continued strength before adding more exposure. Immediate distribution will be a sign of staying more defensive.

If your recent stock purchases continue to make progress, you should feel more confident that the stock market is going up. But sharp reversals and losing deals will of course be signs of keeping more of your powder dry.

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(paying off IBD Stock Lists Like the defect 50 And the Stocks near the buying areafor additional stock ideas.)


Five Dow Jones stocks to buy and watch now


Dow Jones stocks to watch: Caterpillar

Caterpillar, a member of Dow Jones, tries to overtake 238 Cup bases buy pointAnd the to me IBD MarketSmith Pattern Recognition. Caterpillar shares were flat on Monday.

CAT . stock Features an impressive 97 of the 99 IBD rating the perfect compound, for every IBD stock check.

Top Stocks to Buy and Watch: Arista, GM, GlobalFoundries, Mobileye, Phillips 66

IBD Leaderboard Arista Networks tried to bypass 132.97 broken base buy point On Monday, it rose 2.1%. Stocks topped the entry for a while before closing just below it.

auto maker and IBD SwingTrader GM ditched a 40.20-cup buying point during Monday’s 2.8% drop. If the stock re-enters, the buy zone is topping at 42.21.

Today’s latest stock of IBD GlobalFoundries is trading about 1% off 66.06 buying points at the base of the cup after Monday’s 0.4% rally.

underwriting leader Mobileye broke above 29.96 buy points for the IPO base, to me IBD MarketSmith Pattern RecognitionOn Monday, however, stocks fell back below them. 5% chase area topping at 31.46.

Monday stock picking from 50 IBD to watchPhilips 66, piercing cup base with handle 110.08 buy point. Stocks broke out on Friday, but gave up part of those gains on Monday. The stock is in the 5% buy zone, which rises to 115.58.


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

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Tesla Stock

Tesla stock It fell 2.6% on Monday, cutting a two-day winning streak and erasing Friday’s gains.

Stocks are down more than 50% from their 52-week highs and sharply below the 50- and 200-day moving average lines.

Dow Jones Leaders: Apple and Microsoft

within Dow Jones stockApple shares are down 0.4% on Monday, but are still holding above their recently reclaimed 50-day line. The stock is about 20% off its 52-week high.

Microsoft fell 2% on Monday, giving up all of Friday’s gains. The stock halted the session’s decline at the 50-day line. The software giant is still more than 30% off its 52-week high.

Make sure to follow Scott Lehtonen on Twitter at Tweet embed Learn more about developing stocks and the Dow Jones Industrial Average.

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