Dow Jones futures fell slightly Wednesday morning, while
S&P 500 futures and Nasdaq futures were positive, after all plunged Tuesday
evening following an Iranian missile attack on multiple Iraqi bases housing
U.S. troops. But the attack was less than initially feared while President
Donald Trump tweeted that "all is well." So far, it appears that the
stock market rally will remain remarkably resilient in 2020.
Meanwhile, in apparently unrelated news, a Boeing (BA) 737
passenger jet crashed after takeoff in Iran due to technical issues, Iranian
media reported. All 176 on board on the Ukrainian Airlines flight died.
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| US Stockmarket |
The stock market rally had a solid session Tuesday amid
ongoing Iran fears, as the Dow Jones lagged while leaders led. Inphi stock,
Micron stock, Dexcom stock, Nvidia stock and RH stock — all "IBD
Live" names made solid advances in or near buy zones.
Inphi (IPHI) and Micron Technology (MU) blasted past buy
points, while Dexcom (DXCM) broke out but closed below an entry, a day after a
bullish rebound from the 10-week line. RH (RH) continued a rally from its
10-week line. Nvidia (NVDA) is just below a new buy point.
All five stocks have been highlighted multiple times in
recent days on IBD Live, with all five analyzed Tuesday as they were making
bullish moves. IBD Live is IBD's new daily market show focusing on actionable
stocks, staring at 9:20 a.m. ET and running through the first hour of trading.
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