The Dow Jones futures fall when trigger checks go out; Apple tops the new buy point

The Dow Jones futures, S&P 500 futures and Nasdaq 100 futures were slightly lower on Tuesday, as Treasury Secretary Munuchin tweeted that trigger checks would start coming out tonight. The stock market rally hit the roadblock on Tuesday as Senate Majority Leader Mitch McConnell thwarted efforts to increase stimulus checks. Apple stock will briefly hit a new buying point.


The Dow Jones Industrial Average fell 0.2% or 68 points, while the S&P 500 fell 0.2%. The technology-heavy Nasdaq mix is ​​down 0.4%. All three major stock indices rose to a record high on Tuesday.

In the middle Dow Jones Leaders, Apple (AAPL) Fell 1.3% Microsoft (MSFT) Fell 0.4%. Tesla (DSLA) Rose 0.35% to extend a win.

Technology giants letters (GOOGL), (AMZN) And Netflix (NFLX) Show signs of strength in recent trading sessions.

Chinese stocks showed strong action on Tuesday. Alibaba (Baba) 6.25% retreated J.D.Com (J.D.) Regained an important position. Tesla competitor Neo (NIO) Recovered from a critical support level. IPT Leaderboard Stock பிந்துடோ (B.T.D.) 15.6% higher.

The current stock market rally includes stocks in or near the buying zones Generake (GNRC), Intuitive surgery (ISRG) And Ebam Systems (EPAM).

Apple, Generrock, Microsoft and Tesla IPT Leaderboard Shares. Amazon a IPT SwingTrader Stock. Intuitive surgery and EB systems Featured This week Shares near the buy zone Column.

Today’s Dow Jones Future: Trigger Checks

As of late Tuesday, the Dow Jones futures and S&P 500 futures are low and reasonably priced. The Nasdaq 100 futures are both low and reasonably priced. Remember that trade The future of Dow Jones Elsewhere there is no need to translate into the next regular real trade The stock market Session.

Tuesday evening, Treasury Secretary Steven Munuchin Tweeted $ 600 incentive payments start tonight. Paper checks will be mailed from Wednesday. Meanwhile, the battle for $ 2,000 trigger checks continues in the Senate.

On Tuesday afternoon, Senate Majority Leader Mitch McConnell spurred Senate Minority Leader Chuck Schumer’s unanimous approval effort. Schumer called for the Senate to unanimously approve the trigger checks, but McConnell objected. The Senate needs unanimous support to move quickly on most issues.

McConnell expressed support for the new measure, but it was unclear how it could proceed, suggesting that electoral integrity and other measures could be part of a package.

On Monday, President Donald Trump voted to increase the second round of direct payments from $ 600 to $ 2,000 in response to a call for more money for the American people. It is not clear whether the Senate will vote on the House bill.

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In exchange traded funds, the inventor IPT 50 (FFTY) Fell 0.8% on Tuesday. Nasdaq 100-affiliated Invesco QQQ Foundation ETF (QQQ) Traded up to 0.1%. Meanwhile, the SPDR S&P 500 ETF (Spy) Fell 0.2%.

Amid the Corona virus stock market rally, the tech-heavy Nasdaq closed 42.7% year-on-year on Monday. The S&P 500 is up 14.1%, while the DJIA is up 5.2% year-on-year.

US Stock Exchange Today Overview

Index Logo Price Gain / Loss % Change
Dow Jones (0DJIA) 30335.67 -68.30 -0.22
S&P500 (0 S & P5) 3727.04 -8.32 -0.22
Nasdaq (0NDQC ) 12850.22 -49.20 -0.38
Russell 2000 (E.D.C.) 194.53 -3.74 -1.89
IPD50 (FFTY) 40.55 -0.32 -0.78
Last Updated: 5:28 PM ET 12/29/2020

Corona virus updates

As stated in it Global Calibration Data Monitor, The number of corona virus cases confirmed in the United States on Tuesday was 19.8 million. The total number of virus-related deaths exceeded 343,000.

The total number of Govt-19 cases worldwide since the outbreak rose to 82 million on Tuesday, with more than 1.78 million virus-related deaths.

Corona virus stock market rally

November was an important month for the stock market. Of IPT The big picture The positive follow-up of the market on November 4 flagged a new rise following the day. Meanwhile, December sees the stock market at record levels.

The big picture on Monday The warning said, “The stock market indexes for the last week of 2020 have confirmed that the Nasdaq Mixed 2020 will end with its five big annual gains. But the gains on Monday cover weakness in leading stocks and small caps.”

Investors must continue to use the strength of the stock market to buy breakouts. Instead of chasing extended stocks be patient and wait for powerful breakouts. If new breakouts work, add more exposure. But if the breakouts start to fail, you can back off.

In particular, focus on stocks with strong relative strength. Find them by using Relative strength line. The RS line measures the price performance of a stock against the S&P 500. If the stock is better than the wider market, the RS tax angles will be upwards. If a stock performs worse than the wider market, that tax will be lower.

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See Dow Jones Shares: Visa

Visa rallied nearly 1% on Tuesday, close to the 217.75 buying spot on a flat platform IPT Marketsmith Chart analysis.

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Shares of the blue-chip company Dow Jones, which had its 11th performance in 2020, were up 14.2% as of Tuesday.

Chinese stocks perform better; Neo finds key support

Alibaba fell 6.25% on Tuesday, but is up more than 25% from its 52-week high following a 13.3% drop on Friday. is building a new platform as it regains its 50 day moving average line. For now, the new buy space is 92.87.

Tesla rival Neo recovered from its 50-day support level and ran almost 5% higher.

IPT Leaderboard stock Pintudovo rose 15.6% all the time.

Tech Giants Alphabet,, Netflix Lead

FANG shareholder Alphabet continues to make a comeback Successful test of 50 day sequence On December 21st. There are also stocks 5% buy zone Over 1,726.20 Buy point On a file site following the November 4 breakout.

The stock fell 0.9% on Tuesday, but is still in the buying range. The buy zone goes up to 1,812.51. stock market weakened 1.2% on Tuesday. The stock added 3.5% on Monday. The stock is approaching the regular buying position of 3,552.35; They are approaching an early entry of 3,496.34

A recent addition to Amazon IPT SwingTrader.

Netflix narrowly topped the buying point at 536.47 in a trophy with a handle on Tuesday, closing below the entry. The shares rallied 2.3%.

A real drawback is the backwardness of the stock Relative strength line. Despite rising in recent weeks it is still far from its old rise. The RS tax measures the price-effectiveness of a stock against the general market. This is the blue line in each IPD Chart.

Shares in or near the buying zones: Ebam Systems, Generake, Intuitive Surgery

IPT Leaderboard Member Genrek is trying to move above a 234.65 buying point Flat base, Step IPT Marketsmith Chart analysis. The stock fell 5% on Tuesday and is below the buying point.

The leaderboard commented, “The stock has been integrated in an orderly fashion for more than five weeks, resulting in the creation of a new site. This is the third phase, so it will not be as successful as previous sites.”

Robotic Surgeon Head Intuitive Surgery is in the 5% buying zone above 792.64 Entry point On a flat site following the December 22 breakout. The 5% buy zone goes up to 832.27. The stock embraced a three-day decline with a gain of 1.1% on Tuesday.

Bullishly, the RS tax on stocks reached a new high on Breakout Day, confirming the strength of the breakout.

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Thursday is IPT Stock Day, Ebam Systems, on a flat site below the 357.08 purchase point. The stock fell 0.5% on Tuesday and is below the buying point.

According to IPD stock testing, EPAM stock Shows 95 out of 99 right IPT Joint Assessment. Collective valuation – an easy way to identify the best growth stocks – is a combination of key fundamental and technical metrics that help investors measure the strength of a stock.

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Tesla stock

IPT Leaderboard Stock Tesla extended a win with a gain of 0.35% for four sessions on Tuesday. On December 18, the Tesla stock reached a record high of 695, an all-time high of 4%.

On November 18, the shares exploded above the 466 buy point with a cup handle, and they account for more than 40% of the buy space.

Dow Jones Leaders: Apple, Microsoft

Dow Jones leader Apple shares are trying to move above the 138.08 buying point of a file site Marketsmith Chart analysis. Shares Briefly surpassed the point of purchase Tuesday before switching less than 1.3%. The stock ended a day down New place of purchase.

In recent weeks, Apple shares have moved above the aggressive inputs of 125.49 and 122.09.

Shares of Dow Jones, the blue-chip company that topped the list in 2020, were up 86.2% as of Tuesday.

“Our prediction is that Apple will be the number one FAANG stock in 2021,” said Jean Munster, managing partner of Loop Ventures. Website Tuesday. “In 2019, Apple has the best performance, and this stock will happen again in 2020.”

“We expect AAPL to reach $ 200 (up 46% from current levels) over the next two years,” Munster added.

Software company Microsoft fell 0.4% on Tuesday, with shares close to 228.22.

Don’t forget to follow Scott Lehton on Twitter @IBD_SLehtonen Learn more about growth stocks and the future of the Dow Jones.

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