Nasdaq Reverses After Hitting 18,000; Uber, JPMorgan, Hilton In Focus | Stock Market Today

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.
Stock Market Today: June 28, 2024
Hosts: Ali Coram & Mike Webster
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© 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.

[@LavaDeed]

You both are always Must Watch TV. I hope that you know how much we appreciate you! I haven't missed a day in years. 🤗 Many of us watch from our phones while on the treadmill, which means that we may not have the largest screen in front of us. The Market Surge Charts are so rich with information, my only hope of following along with what you're talking about is when the chart is full screen. As much as I love your smiling faces, whenever you are talking details about a chart, my humble suggestion is that you leave the chart full screen. A similar suggestion would be that once you go full screen on a chart, you give yourself a rule to stay full screen for at least 30 seconds or so. Sometimes, my eyes just start to focus in on something on the full screen chart and it flips back to the multi-screen view. We wouldn't get so much Whiplash if your producer just counts to at least 30 seconds before flipping back to a different view. 😉 By the way, I'm not commenting on this video in particular since I haven't even watched the whole thing yet. But it's just a note that I've had in my head for a long time from watching hundreds of your previous videos. I hope that you don't mind the Constructive feedback, because your show is already at 10! By the way, an alternative with your video software might be a view where it keeps the chart full screen and puts your talking heads in the corner. Don't get me wrong, when you're not talking specifics about a chart, then I love to see your happy faces full screen.

[@mikewebster6188]

Thanks for your ideas...I stay out of that lane. I would suggest watching it on your TV or PC/laptop whenever possible. Thanks so much!!!!!!!!!

[@TraderIsaac]

Love it Ali, DLR Mike’s favorite ticker. 😂 1984>5150 💯

[@mikewebster6188]

5150 > 1984!!😂😂

[@guy33909]

NASDAQ 3 weeks tight!?

[@mikewebster6188]

YEP

[@lisajacobs5546]

I'm loving the Webby's 21-day screen. Thanks for sharing!

[@mikewebster6188]

Thanks

[@SarkisKlinik]

Professional Analyze from Mike Webster. Hope you show tight area stocks list more often. Thanks

[@mikewebster6188]

I'll do my best

[@vikrampatel6261]

Great insightYou guys rock!

[@mikewebster6188]

Thank you

[@bibbidi_bobbidi_bacons]

Thank you ❤️❤️

[@mikewebster6188]

You are welcome

[@andrewweis5857]

SMH = Sammy M. Hagar

[@mikewebster6188]

Andrew, I think his middle name is Roy...but I like what you did there!!!!!!!!!!!

[@andrewweis5857]

@@mikewebster6188 Calling the SMH Sammy M. Hagar AKA The Red Rocker justified poetic license to get there and the SMH rocks hard in my book.

[@tony5630]

Awesome. Thanks

[@mikewebster6188]

Thanks for watching

[@LockerMart]

Webby. Regards NU & MEDP intraday reversals. Both didn't make it past three 5minute bars in higher highs, and collapsed. Chris G pointed out this type action several years ago. I've found it very valuable observation. Do you not consider it important?

[@gunningju6107]

Great video! Also please make shorter video(15-20 mintues may be better). Can IBD backtest the results of earnings options strategy? I feel that this options strategy may be inferior to buying stock strategy before earnings: as options premiums are stunning high before ER and as many solf-off leading stocks after ER come back slowly after ER.

[@mikewebster6188]

Thanks, sorry I can’t do short:). But the Monday - Thursday ones are much shorter.

[@aknevv]

Such a useful, helpful, informative show, thank you ❤

[@mikewebster6188]

Thanks!

[@LeslieDeemer]

Love these videos every week, feel like I have my own Guru walking me through a minefield. Ali and Webby you know I love both of you and thank you for all you have done for me to become a better trader. Love all things IBD.

[@mikewebster6188]

Thank you Leslie!

[@kurtkammeraad4665]

Thank You. The nuggets in these Friday sessions are priceless

[@mikewebster6188]

Thanks for watching

[@raymondstaess2932]

"I have a positive bias towards stocks that I can understand." (18:50) - I'll have that framed in gold letters.

[@mikewebster6188]

👍

[@pkj6426]

Aly & Webby- best team! Invaluable information! So grateful. Would love some insight on the 8 wk hold rule- does that still apply in today’s volatile market?? In addition, it appears whales/institutions take days to build their positions, but exit in one day??? Can you elaborate on that please. 🙏🏽

[@mikewebster6188]

Thanks…we’ll try to cover those. You may want to give IBD Live a shot

[@pkj6426]

@@mikewebster6188 - Hi Webby. I am a IBD live & Market surge subscriber. I’ve asked the question on IBD live but no response. I’ll try again. 😃

[@jimformermilkman]

Q- who should hit the like button? A- everyone!!! Great show as always you two. !!

[@mikewebster6188]

LOVE THAT

[@KennyStratton]

Listen to you guys every morning. Keep up the good work❤️

[@mikewebster6188]

Thanks Kenny!

[@sav_studio]

Great videos

[@jirie5246]

glad to know you were in Japan. Always welcome!

[@mikewebster6188]

Thank you!

[@CamilleAguilar-g8d]

Офигенно получилось! Заливай побольше таких видео!)🎉

[@margie-b2v]

hi

[@daniel.longfellow]

0:49 Ken looks a bit different today 😂

[@mikewebster6188]

😂😂

[@patrickharrison9677]

Solid day🐻👍

[@mikewebster6188]

Thanks