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The Dow Jones held up pretty well today in the afternoon, despite weak performances from caterpillar (CAT) and Home Depot (HIGH DEFINITION). Technological values like Microsoft (MSFT) and Cisco Systems (CSCO) outperformed.
X
Microsoft stocks appeared ready for their fourth consecutive gain after a low-volume breakout at a 108-point purchase point.
The stock market has quietly traded on Tuesday. Today's Dow Jones, the S & P 500 and Nasdaq Composite have slightly advanced with about an hour of the session. NYSE and Nasdaq volume was down slightly from Monday's level.
Fed Chairman Jerome Powell began the first day of his semiannual briefing on monetary policy at Capitol Hill. Powell noted "generally favorable" economic prospects in the US, but also noted risks in Europe and China.
Dow Jones today
Caterpillar returned to its 200-day moving average, falling 2%. The decommissioned UBS shares are sold for sale.
Home Depot also sold 2% of the Dow Jones today after the company released its results and presented mixed sales prospects for the rest of the year.
Growth stocks in motion
Among the highest rated growth stocks, Etsy (ETSY) has strongly imposed on solid profits. Shares rose more than 17% to 69.43.
But Wall Street did not like the results of fast-growing companies like Medpace (MEDP) and RealPage (RP). Both stocks fell sharply. A 22% drop in Medpace shares detracted from the performance of the Innovator IBD 50 ETF (FFTY). It was down 1.5% in afternoon trading.
Meanwhile, component IBD 50 Nexstar Media (NXST) was a remarkable product, up 4.5%, thanks to strong earnings.
Earnings monitoring
After the close, watch for the results published by the best growth stocks, such as Palo Alto Networks (PANW) Planet Fitness (PLNT) Tandem Diabetes (TNDM) and ranking Veeva Systems (VEEV).
Palo Alto Networks only has a 2% discount on its top in a large cup-shaped base. According to Zacks, quarterly earnings are expected to increase 42% to $ 1.22 per share and sales to increase by 26% to $ 682.98 million.
Data Analysis Software Company Alteryx (AYX) outperformed its earnings report on Wednesday after closing. Citi mentioned the possibility of an optimistic commercial orientation from the software company. Alteryx shares jumped 4% to a new high, but they far exceeded their point of purchase by 67.50 points.
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