The Bottom Line:
- Music good afternoon everyone and welcome to stock market today it’s Ali Corman Justin neelon here with the look of the action in today’s session Monday March 25th
- A-list stocks: Stick with the leaders, focusing on alphabetical names like Amazon, Apple, and Allstate
- Market analysis: NASDAQ down slightly, S&P 500 holding steady, Dow slightly lower, Russell 2000 in the green
- Market trend: Uptrend intact, holding key moving averages, potential similarities to 2003 strong rally
- Potential scenarios: Be prepared for pullbacks, proactive planning for market corrections, focus on portfolio resilience
A-list Stocks: Focusing on Amazon, Apple, and Allstate
Analysis of A-list Stocks
So uh we’re going to take a look at what we call some of the A-list stocks right so uh you want to stick with the leaders you want to stick with your A-list stocks but in this case we’re taking it literally we’re going to stick with all a alphabetical uh names so we’re gonna go through arm also axon and then follow it up with Allstate and uh also before we get started I wanted to give a quick shout out for Bill O’Neal’s birthday the founder of Investors Business Daily who passed away last year it would have been his 91st birthday to today so uh something that was definitely on my mind as we were doing our IBD live and doing this broadcast as well absolutely happiest of birthdays to our founder who is still such a Guiding Light for not only what we do but I think for so many in the investing community so definitely a lifechanger for so people okay.
Market Action Review
So with that in our IBD blue we will discuss today’s market action so the NASDAQ today down 310 of a percent same for the S&P 500 the Dow off 410 of a percent and as I mentioned the Russell 2000 in the green today by about two ten0 of a percent or so we’re looking at the NASDAQ Justin uh not a whole lot of a downdraft here this uptrend very much intact very powerful and to me last week was pretty key for the Bulls yeah I mean if you go to the weekly chart uh it was it was really despite the fact that we kind of came in a little bit from uh the Monday the the mon I I’m sorry the Wednesday Peak uh it was still a very strong day getting into new high ground and here again you just don’t see much of it being given up uh even before that we had two down weeks and you can see that we were just hugging that 16,000 level so remember kind of that 16,000 level was an area of resistance we kind of hit our head on it a few times before we uh backed away uh but now that’s seeming to be a level of support so I think that’s a real positive thing uh you can see that we’ve had a little bit of sideways action but we just really aren’t going down that pink line is that your 10day moving average line yes it is unless I changed it to an eight right exactly I know that sometimes we go back and forth oh it is an eight okay eight but you know eight exponential 10 day it’s almost the same thing uh the the basic the basic idea here is that this Market is not giving up ground it’s been holding the 21-day moving average line this entire time and the day moving average line you know it’s just rising up along with it so even if we go sideways for a little bit it’s almost like these moving average lines can catch up to it pretty quickly because as you get rid of those older lower priced uh you know days of the index they drop off due to time you’re replacing it with even if you’re going sideways it’s going to make those moving average lines kind of come up to meet the the stocks and or the indexes and so it’s just really uh really a powerful rally uh it’s exactly what want to see uh from the November follow-through day we really haven’t had big Corrections uh I think 4.4% was maybe the biggest that we had to start the year uh so things are tracking really nicely and you are getting a little bit more participation the Russell 2000 even though it’s been a lot more volatile lately uh it did cross that 200 level on iwm which is the I shares Russell uh and it’s it’s holding there it’s holding above that 200 and you can see how that 200 level was was such a sticking point for for a while so look it hasn’t made a bunch of progress above there but it does seem to be holding uh that level and it’s now trending above its 50-day moving average line or 10we moving average line uh so that’s a positive too uh it would be nice to see some more breath but you are seeing some other areas participate some sector rotation um XLF xli uh these are you know these are ETFs that are looking strong that they’re they’re doing great XLV uh more recently uh that that’s been strong and then let’s just take a quick look at XLE uh because that that’s coming up uh the energy stocks are getting a little bit more uh excitement behind them and so that could be breaking out of a base here uh shortly long base yeah very long base.
Comparative Market Research
Absolutely it’s it’s really interesting you know it does look you’re never going to find something that tracks day by day but if you can get something that’s close and kind of is reminiscent uh it can give you an idea of what’s possible and that’s what I’m kind of finding with 2003 right now uh both of these Markets started with uh three waves down uh then you had this powerful follow-through day for uh for 2003 that was on March 17 for 2003 and then in 2023 it was November 1st and then from there we had these really strong moves 25% or more uh really holding the 21-day moving average line uh to a large degree in that initial rally um and the first the first touch of the 50-day moving average line was uh around this time and so we did have distribution pile up we did have what we call the power Trend get under pressure because of that distribution clustering um and that’s also when this Market in 2003 went through a little under pressure on its power Trend but it wasn’t enough to Halt the market you can see that it just came down to the 50-day moving average line back then and then it continued higher through uh you know through January of the next year before it finally had a little bit more of a serious correction where it actually went down to the 200 day moving a average line but before that there was a lot of strength uh in that 2003 market and again that follows because you were bouncing from a horrible time period where you had seen such destruction and the.com era uh and you know we had something kind of similar you know a lot of people kind of forget that 2022 it might not have been to the same degree as that NASDAQ fall uh after the 2000 top was but we had a lot of damage that got done in 20122 and if you look at some of the more Innovative companies um you know like if you look at ARC invest Arc K you can see that this was down considerably almost like a NASDAQ 2000 type correction uh so there was a lot of damage done and it took a while for us to kind of get uh to write the ship after that but you know just like in 2003 how we saw such a strong move afterwards what started a really good bull market uh we could be looking at something similar and in this case we do have that Catalyst of AI just another a for you in there uh that is potentially driving this Market higher.
Market Analysis: NASDAQ Dips, S&P 500 Stays Steady, Dow Slightly Down, Russell 2000 Shows Gains
NASDAQ, S&P 500, Dow, and Russell 2000 Market Analysis
So with that in our IBD blue we will discuss today’s market action so the NASDAQ today down 310 of a percent same for the S&P 500 the Dow off 410 of a percent and as I mentioned the Russell 2000 in the green today by about two ten0 of a percent or so we’re looking at the NASDAQ Justin uh not a whole lot of a downdraft here this uptrend very much intact very powerful and to me last week was pretty key for the Bulls yeah I mean if you go to the weekly chart uh it was it was really despite the fact that we kind of came in a little bit from uh the Monday the the mon I I’m sorry the Wednesday Peak uh it was still a very strong day getting into new high ground and here again you just don’t see much of it being given up uh even before that we had two down weeks and you can see that we were just hugging that 16,000 level so remember kind of that 16,000 level was an area of resistance we kind of hit our head on it a few times before we uh backed away uh but now that’s seeming to be a level of support so I think that’s a real positive thing uh you can see that we’ve had a little bit of sideways action but we just really aren’t going down that pink line is that your 10day moving average line yes it is unless I changed it to an eight right exactly I know that sometimes we go back and forth oh it is an eight okay eight but you know eight exponential 10 day it’s almost the same thing uh the the basic the basic idea here is that this Market is not giving up ground it’s been holding the 21-day moving average line this entire time and the day moving average line you know it’s just rising up along with it so even if we go sideways for a little bit it’s almost like these moving average lines can catch up to it pretty quickly because as you get rid of those older lower priced uh you know days of the index they drop off due to time you’re replacing it with even if you’re going sideways it’s going to make those moving average lines kind of come up to meet the the stocks and or the indexes and so it’s just really uh really a powerful rally uh it’s exactly what want to see uh from the November follow-through day we really haven’t had big Corrections uh I think 4.4% was maybe the biggest that we had to start the year uh so things are tracking really nicely and you are getting a little bit more participation the Russell 2000 even though it’s been a lot more volatile lately uh it did cross that 200 level on iwm which is the I shares Russell uh and it’s it’s holding there it’s holding above that 200 and you can see how that 200 level was was such a sticking point for for a while so look it hasn’t made a bunch of progress above there but it does seem to be holding uh that level and it’s now trending above its 50-day moving average line or 10we moving average line uh so that’s a positive too uh it would be nice to see some more breath but you are seeing some other areas participate some sector rotation um XLF xli uh these are you know these are ETFs that are looking strong that they’re they’re doing great XLV uh more recently uh that that’s been strong and then let’s just take a quick look at XLE uh because that that’s coming up uh the energy stocks are getting a little bit more uh excitement behind them and so that could be breaking out of a base here uh shortly long base yeah very long base.
Comparative Market Research and Potential Scenarios
Absolutely it’s it’s really interesting you know it does look you’re never going to find something that tracks day by day but if you can get something that’s close and kind of is reminiscent uh it can give you an idea of what’s possible and that’s what I’m kind of finding with 2003 right now uh both of these Markets started with uh three waves down uh then you had this powerful follow-through day for uh for 2003 that was on March 17 for 2003 and then in 2023 it was November 1st and then from there we had these really strong moves 25% or more uh really holding the 21-day moving average line uh to a large degree in that initial rally um and the first the first touch of the 50-day moving average line was uh around this time and so we did have distribution pile up we did have what we call the power Trend get under pressure because of that distribution clustering um and that’s also when this Market in 2003 went through a little under pressure on its power Trend but it wasn’t enough to Halt the market you can see that it just came down to the 50-day moving average line back then and then it continued higher through uh you know through January of the next year before it finally had a little bit more of a serious correction where it actually went down to the 200 day moving a average line but before that there was a lot of strength uh in that 2003 market and again that follows because you were bouncing from a horrible time period where you had seen such destruction and the.com era uh and you know we had something kind of similar you know a lot of people kind of forget that 2022 it might not have been to the same degree as that NASDAQ fall uh after the 2000 top was but we had a lot of damage that got done in 20122 and if you look at some of the more Innovative companies um you know like if you look at ARC invest Arc K you can see that this was down considerably almost like a NASDAQ 2000 type correction uh so there was a lot of damage done and it took a while for us to kind of get uh to write the ship after that but you know just like in 2003 how we saw such a strong move afterwards what started a really good bull market uh we could be looking at something similar and in this case we do have that Catalyst of AI just another a for you in there uh that is potentially driving this Market higher.
Market Trend: Uptrend Holds Strong with Key Moving Averages, Resembling 2003 Rally
Market Trend: Uptrend Analysis and Historical Comparison
Absolutely it’s really interesting you know it does look you’re never going to find something that tracks day by day but if you can get something that’s close and kind of is reminiscent uh it can give you an idea of what’s possible and that’s what I’m kind of finding with 2003 right now uh both of these Markets started with uh three waves down uh then you had this powerful follow-through day for uh for 2003 that was on March 17 for 2003 and then in 2023 it was November 1st and then from there we had these really strong moves 25% or more uh really holding the 21-day moving average line uh to a large degree in that initial rally um and the first the first touch of the 50-day moving average line was uh around this time and so we did have distribution pile up we did have what we call the power Trend get under pressure because of that distribution clustering um and that’s also when this Market in 2003 went through a little under pressure on its power Trend but it wasn’t enough to Halt the market you can see that it just came down to the 50-day moving average line back then and then it continued higher through uh you know through January of the next year before it finally had a little bit more of a serious correction where it actually went down to the 200 day moving a average line but before that there was a lot of strength uh in that 2003 market and again that follows because you were bouncing from a horrible time period where you had seen such destruction and the.com era uh and you know we had something kind of similar you know a lot of people kind of forget that 2022 it might not have been to the same degree as that NASDAQ fall uh after the 2000 top was but we had a lot of damage that got done in 20122 and if you look at some of the more Innovative companies um you know like if you look at ARC invest Arc K you can see that this was down considerably almost like a NASDAQ 2000 type correction uh so there was a lot of damage done and it took a while for us to kind of get uh to write the ship after that but you know just like in 2003 how we saw such a strong move afterwards what started a really good bull market uh we could be looking at something similar and in this case we do have that Catalyst of AI just another a for you in there uh that is potentially driving this Market higher.
Market Performance: Index Movements and Sector Participation
So with that in our IBD blue we will discuss today’s market action so the NASDAQ today down 310 of a percent same for the S&P 500 the Dow off 410 of a percent and as I mentioned the Russell 2000 in the green today by about two ten0 of a percent or so we’re looking at the NASDAQ Justin uh not a whole lot of a downdraft here this uptrend very much intact very powerful and to me last week was pretty key for the Bulls yeah I mean if you go to the weekly chart uh it was it was really despite the fact that we kind of came in a little bit from uh the Monday the the mon I I’m sorry the Wednesday Peak uh it was still a very strong day getting into new high ground and here again you just don’t see much of it being given up uh even before that we had two down weeks and you can see that we were just hugging that 16,000 level so remember kind of that 16,000 level was an area of resistance we kind of hit our head on it a few times before we uh backed away uh but now that’s seeming to be a level of support so I think that’s a real positive thing uh you can see that we’ve had a little bit of sideways action but we just really aren’t going down that pink line is that your 10day moving average line yes it is unless I changed it to an eight right exactly I know that sometimes we go back and forth oh it is an eight okay eight but you know eight exponential 10 day it’s almost the same thing uh the the basic the basic idea here is that this Market is not giving up ground it’s been holding the 21-day moving average line this entire time and the day moving average line you know it’s just rising up along with it so even if we go sideways for a little bit it’s almost like these moving average lines can catch up to it pretty quickly because as you get rid of those older lower priced uh you know days of the index they drop off due to time you’re replacing it with even if you’re going sideways it’s going to make those moving average lines kind of come up to meet the the stocks and or the indexes and so it’s just really uh really a powerful rally uh it’s exactly what want to see uh from the November follow-through day we really haven’t had big Corrections uh I think 4.4% was maybe the biggest that we had to start the year uh so things are tracking really nicely and you are getting a little bit more participation the Russell 2000 even though it’s been a lot more volatile lately uh it did cross that 200 level on iwm which is the I shares Russell uh and it’s it’s holding there it’s holding above that 200 and you can see how that 200 level was was such a sticking point for for a while so look it hasn’t made a bunch of progress above there but it does seem to be holding uh that level and it’s now trending above its 50-day moving average line or 10we moving average line uh so that’s a positive too uh it would be nice to see some more breath but you are seeing some other areas participate some sector rotation um XLF xli uh these are you know these are ETFs that are looking strong that they’re they’re doing great XLV uh more recently uh that that’s been strong and then let’s just take a quick look at XLE uh because that that’s coming up uh the energy stocks are getting a little bit more uh excitement behind them and so that could be breaking out of a base here uh shortly long base yeah very long base.
Potential Scenarios: Prepare for Pullbacks and Market Corrections
Market Trends and Potential Scenarios
So with that in our IBD blue we will discuss today’s market action so the NASDAQ today down 310 of a percent same for the S&P 500 the Dow off 410 of a percent and as I mentioned the Russell 2000 in the green today by about two ten0 of a percent or so we’re looking at the NASDAQ Justin uh not a whole lot of a downdraft here this uptrend very much intact very powerful and to me last week was pretty key for the Bulls yeah I mean if you go to the weekly chart uh it was it was really despite the fact that we kind of came in a little bit from uh the Monday the the mon I I’m sorry the Wednesday Peak uh it was still a very strong day getting into new high ground and here again you just don’t see much of it being given up uh even before that we had two down weeks and you can see that we were just hugging that 16,000 level so remember kind of that 16,000 level was an area of resistance we kind of hit our head on it a few times before we uh backed away uh but now that’s seeming to be a level of support so I think that’s a real positive thing uh you can see that we’ve had a little bit of sideways action but we just really aren’t going down that pink line is that your 10day moving average line yes it is unless I changed it to an eight right exactly I know that sometimes we go back and forth oh it is an eight okay eight but you know eight exponential 10 day it’s almost the same thing uh the the basic the basic idea here is that this Market is not giving up ground it’s been holding the 21-day moving average line this entire time and the day moving average line you know it’s just rising up along with it so even if we go sideways for a little bit it’s almost like these moving average lines can catch up to it pretty quickly because as you get rid of those older lower priced uh you know days of the index they drop off due to time you’re replacing it with even if you’re going sideways it’s going to make those moving average lines kind of come up to meet the the stocks and or the indexes and so it’s just really uh really a powerful rally uh it’s exactly what want to see uh from the November follow-through day we really haven’t had big Corrections uh I think 4.4% was maybe the biggest that we had to start the year uh so things are tracking really nicely and you are getting a little bit more participation the Russell 2000 even though it’s been a lot more volatile lately uh it did cross that 200 level on iwm which is the I shares Russell uh and it’s it’s holding there it’s holding above that 200 and you can see how that 200 level was was such a sticking point for for a while so look it hasn’t made a bunch of progress above there but it does seem to be holding uh that level and it’s now trending above its 50-day moving average line or 10we moving average line uh so that’s a positive too uh it would be nice to see some more breath but you are seeing some other areas participate some sector rotation um XLF xli uh these are you know these are ETFs that are looking strong that they’re they’re doing great XLV uh more recently uh that that’s been strong and then let’s just take a quick look at XLE uh because that that’s coming up uh the energy stocks are getting a little bit more uh excitement behind them and so that could be breaking out of a base here uh shortly long base yeah very long base.
Comparative Market Research and Historical Insights
Absolutely it’s really interesting you know it does look you’re never going to find something that tracks day by day but if you can get something that’s close and kind of is reminiscent uh it can give you an idea of what’s possible and that’s what I’m kind of finding with 2003 right now uh both of these Markets started with uh three waves down uh then you had this powerful follow-through day for uh for 2003 that was on March 17 for 2003 and then in 2023 it was November 1st and then from there we had these really strong moves 25% or more uh really holding the 21-day moving average line uh to a large degree in that initial rally um and the first the first touch of the 50-day moving average line was uh around this time and so we did have distribution pile up we did have what we call the power Trend get under pressure because of that distribution clustering um and that’s also when this Market in 2003 went through a little under pressure on its power Trend but it wasn’t enough to Halt the market you can see that it just came down to the 50-day moving average line back then and then it continued higher through uh you know through January of the next year before it finally had a little bit more of a serious correction where it actually went down to the 200 day moving a average line but before that there was a lot of strength uh in that 2003 market and again that follows because you were bouncing from a horrible time period where you had seen such destruction and the.com era uh and you know we had something kind of similar you know a lot of people kind of forget that 2022 it might not have been to the same degree as that NASDAQ fall uh after the 2000 top was but we had a lot of damage that got done in 20122 and if you look at some of the more Innovative companies um you know like if you look at ARC invest Arc K you can see that this was down considerably almost like a NASDAQ 2000 type correction uh so there was a lot of damage done and it took a while for us to kind of get uh to write the ship after that but you know just like in 2003 how we saw such a strong move afterwards what started a really good bull market uh we could be looking at something similar and in this case we do have that Catalyst of AI just another a for you in there uh that is potentially driving this Market higher.
Portfolio Resilience: Key Focus for Investors
Market Performance: NASDAQ, S&P 500, Dow, and Russell 2000 Analysis
So with that in our IBD blue we will discuss today’s market action so the NASDAQ today down 310 of a percent same for the S&P 500 the Dow off 410 of a percent and as I mentioned the Russell 2000 in the green today by about two ten0 of a percent or so we’re looking at the NASDAQ Justin uh not a whole lot of a downdraft here this uptrend very much intact very powerful and to me last week was pretty key for the Bulls yeah I mean if you go to the weekly chart uh it was it was really despite the fact that we kind of came in a little bit from uh the Monday the the mon I I’m sorry the Wednesday Peak uh it was still a very strong day getting into new high ground and here again you just don’t see much of it being given up uh even before that we had two down weeks and you can see that we were just hugging that 16,000 level so remember kind of that 16,000 level was an area of resistance we kind of hit our head on it a few times before we backed away but now that’s seeming to be a level of support so I think that’s a real positive thing.
Comparative Market Research and Potential Scenarios
Absolutely it’s really interesting you know it does look you’re never going to find something that tracks day by day but if you can get something that’s close and kind of is reminiscent uh it can give you an idea of what’s possible and that’s what I’m kind of finding with 2003 right now uh both of these Markets started with uh three waves down uh then you had this powerful follow-through day for uh for 2003 that was on March 17 for 2003 and then in 2023 it was November 1st and then from there we had these really strong moves 25% or more uh really holding the 21-day moving average line uh to a large degree in that initial rally um and the first the first touch of the 50-day moving average line was around this time and so we did have distribution pile up we did have what we call the power Trend get under pressure because of that distribution clustering um and that’s also when this Market in 2003 went through a little under pressure on its power Trend but it wasn’t enough to Halt the market you can see that it just came down to the 50-day moving average line back then and then it continued higher through uh you know through January of the next year before it finally had a little bit more of a serious correction where it actually went down to the 200 day moving average line but before that there was a lot of strength uh in that 2003 market and again that follows because you were bouncing from a horrible time period where you had seen such destruction and the.com era and you know we had something kind of similar you know a lot of people kind of forget that 2022 it might not have been to the same degree as that NASDAQ fall after the 2000 top was but we had a lot of damage that got done in 20122 and if you look at some of the more Innovative companies um you know like if you look at ARC invest Arc K you can see that this was down considerably almost like a NASDAQ 2000 type correction so there was a lot of damage done and it took a while for us to kind of get to write the ship after that but you know just like in 2003 how we saw such a strong move afterwards what started a really good bull market we could be looking at something similar and in this case we do have that Catalyst of AI just another a for you in there that is potentially driving this Market higher.
