Why Now Is The Time To Take A Bullish Stance; Arista, TSM, FICO In Focus | Stock Market Today
ฝัง
- เผยแพร่เมื่อ 9 พ.ค. 2024
- As the market starts to trend above a key level, now is the time to take a more bullish stance. Mike Webster and Alissa Coram walk through this week’s technical action and stocks to watch in the Friday extended version of Stock Market Today.
HOMEWORK
14 instances where we were trending above the 21-day line (5 days of low above it) without a FTD:
10/14/75
1/2/76
10/6/77
2/8/78
3/14/78
3/5/81
11/21/83
10/22/85
10/30/86
9/16/88
3/8/90
10/9/2020
3/23/2023
5/9/2024
Narrowing it down to low above 50-day and 200-day winnows it down to the following:
10/14/75
10/6/77
2/8/78
3/14/78
3/5/81
10/9/2020
3/23/2023
5/9/2024
Stock Market Today: May 10, 2024
Hosts: Alissa Coram & Mike Webster
Get more IBD by subscribing to our channel: bit.ly/3OqppAs
Visit our website: www.investors.com
Like us on Facebook: / investorsbusinessdaily
Follow us on Twitter: / ibdinvestors
Follow us on Instagram: / investorsbusinessdaily
Follow us on StockTwits: stocktwits.com/InvestorsBusin...
Follow us on LinkedIn: / investors-business-daily
Follow us on TikTok: / ibdinvestors
Investor’s Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market.
#StockMarketToday #InvestorsBusinessDaily #IBD
© 2024 Investor’s Business Daily, LLC. All Rights Reserved. This information is provided “as is” for educational and informational purposes only and is not intended to serve as investment advice or for trading purposes. This information is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been authored from sources believed to be reliable, but no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Presenters may own the stocks or other investment vehicles they discuss. You should not treat any opinion expressed as an inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. The information and content are subject to change without notice. Past performance is not indicative of future results. This material does not take into account your particular investment objectives, financial situation, or needs, and is not intended as recommendations appropriate for any individual circumstances. You must make an independent decision regarding any investment suggestions covered by the material. Before acting on any investment suggestions from the material, you should consider whether it is suitable for your particular circumstances and consider seeking advice from your own adviser. Investor’s Business Daily makes no representations or warranties, and expressly disclaims any responsibility or liability, with respect to any errors or omissions in, or the accuracy, reliability, timeliness or completeness of, any information that appears in the videos, including in closed caption, which such closed caption is being provided solely for the convenience of our viewers and should not be relied upon as an accurate or complete record of the program.
So grateful to have Webby's wisdom easily available again. Webby, your teaching is so clear and appreciated. Thank you!
Thank you Lisa
Thank you Mike and Alissa, excited to join swing trader webinars! Have a great weekend!
Thanks so much!
Mike is one of my favorite IBD guests! Excellent technical analysis. Love the historical instances and the homework :) Thank you!
That's nice of you...thank you
Love the technical knowledge i get from these end of week shows.
Thank you!
Ali & Webby, solid Friday show. I try to shut it down every Friday around lunch for the week. This new program and Scott St.C. Take on The Market preps me for new trading week. Thanks IBD peeps for your conviction to the craft.
Thank you Henry, and Scott does a GREAT job!
These Friday webinars are very educational and practical! Thanks!!
Much appreciated Mark.
Really amazing that so much of Mike's and Allie's knowledge is available here for anyone.
Thanks Rich!
I Love the new format with Mike on Fridays and I like that the M-Th videos seem to be reduced to 12 minutes are so, that makes my reviewing life much easier.
Webby, it's' so good to have you back...there are no words...
I'm thrilled to be back...doing these shows with Ali are so much fun
Mike, I have been a subscriber for decades but a full time trader for only two. I have always enjoyed the product and the team, but, you are taking this to another level. I am so grateful for your input. This is the closest we will ever get to working side by side with Bill O Neil and I am drinking up all the knowledge you are pouring out. PLEASE keep it up !!
You made my day Glenn!
Wow, as usual another great Friday wrap-up session! Thanks Mike and Alissa.
Thansk John
Mike and Alissa, thank you very much!
You are welcome
Thank you Webby and Ali! Got to do my homework now. Have a great weekend!
Thanks for watching
Great information, as usual, everyone at IBD!
Thanks brother
Whenever a stock undercut a key support area and then get right back above it and retest it you then know in most case it was the professional shaking the tree to pick up stocks at a cheaper price!
True...but sometimes that tree falls over;))) Thanks for watching Kevin
love this progrAM THE FRIDAY
Thanks for watching!
Great Friday show. I am a forever fan!! ❤
THANK YOU!
Mike Webster and Brian Shannon are the Socrates and Euclid of trading teachers. Together, they will make you prosperous beyond your wildest dreams.
Brian is great!!! Thank you
Love these Friday Webby videos!!!
Thanks!
These Friday roundups with Michael are just fantastic! Thanks guys!
Thank you!!!
Webby is right. Ali is on top of the market like the true pro she is. Cool show.
Yes she is!
Thank you both!
Top notch stuff, thanks to both. Glad voice seems better, Webby.. very Zen like!
Thanks for that
Great show as always.
Webby Rocks.
So does Ali.
Like the shoutouts today.
Not as many rock n roll references this week. I’ll forgive you though.
The show was still strong. 💪!!
Much appreciated Jim!
Great show. Thanks
Right on!
Happy Birthday Justin
❤ thank you mike and ali 🤩
When Mike speaks, you listen.
Oh, thank you
Why do we keep saying that qqq didn't have a follow through day on Friday 4th? 2% move. Higher volume
We do not use ETFs for FTDs...that would be problematic (remember QQQs volume is for the ETF only...not for the market)...we use index (Nasdaq or NYSE) level volume. All the best to you!!!
Would like to see more on specific companies during your program.
Okay, its tricky because the show is already too long for most folks. I'd suggest watching IBD Live where we go over things in more detail...I'm on most Mon, Wed & Fridays
It seems like a lot of instances the shakeout plus three buy point coincides with the 50 day.
Yes, that's normal
Which stock do I buy
thanks Mike
Thank you!
Cannot say enough thank you!
Thank you!!!!
Another one for the record books. Thank you all.
Thank you!
Awesome program!
Thanks for watching!
Thank you so much 😊🙏
Anytime!
Chart like this, does it indicate swing opportunites or long term holdings? it seems to me that this is long term holding strategy?
Both IMO
This is my must see TV. You asked about ideas for the show. What kind of size should one put on when swing trading? I know there's the sleeping point and I've been able to get into 15% of portfolio position trading which I've always built into. Anything you can suggest?
Tune into our SwingTrader podcast/webinar on Tuesday...we'll discuss position sizing...thanks for your support.
Bless you guys thank you
Right back at you! Thanks for watching
What triggers the need for a follow thru day? Did we pull back enough to require a FTD?
We covered that in detail on IBD Live...but right now we need a 1% advance on an increase in volume...for FTDs
Awesome! How to learn more about Webby’s system? I’m a Market Surge and ST subscriber.
I'm on IBD Live Mon, Wed & Friday...so you can watch there...and of course Jusint and I will be doing a weekly ST video too. Thanks for your support!
Hi, you didn't advise us on the best pairs to use for this strategy nevertheless thanks for the training your the Boss
Thank you
Do more of these❤
Every Friday!
Awesome
Right on!
5 Stars
Thank you! I'm going to shoot for 5.150 stars next week;)
when is marketsurge going to track or relative measured volatility?
I'm working on a new rating for that...stay tuned
FICO ?
got sales to back up the price?
IMO that level of sales is fine for that type of business...you either want rapid sales growth or steady...both are rare. Time will tell...
Any UK stocks for us over the channel?
We could cover ADRs...
Why put the new Tuesday SwingTrader video on TH-cam for free? What is the point of being a sub if you are going to go over your reasons/trade plan for buying current positions? Going over closed positions would be ok, but open trades not fair to paying subs. Enough new positions are given away on IBD Live & Stock Market Today.
Yes, the Tuesday show will be free. Its tricky because I want everyone to understand what and why we are doing things...going on TH-cam seems like the best way to do it. BUT if you don't subscribe you won't know what we are doing in REAL TIME. As you know we are very active with ST...so waiting a week would be too late. For folks who dig ST I think subscribing is a must. I personally think its dramatically underpriced for what I want to turn it into...just my 2 cents.
hello
Who is the skinny long haired Lebowski dude? 😂
Well played Ross!
It’s not all good in the hood it reversed on earnings 😭🤣
That was an ugly reversal
Alissa mmmm
Get a life
?