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Investors Business Daily
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IBD STAFF

IBD Live QA, Stock Lists For Thursday, Oct. 17, 2024

Welcome to IBD Live! This list of FAQs and useful links will speed your learning curve.

The Ready List contains top stocks that meet our fundamental and technical screening criteria that are in or near actionable buy areas. However, IBD Live participants should analyze the chart action to determine the exact proper entries before buying.

QA Summary

Question Answer
Good morning! Good morning Joe
SOFI - any interest ? Has great fundamentals. Funds are growing, but now IBD funds in it. I'm watching.
Onon pullback buyable? It's just below the 21 day. It could pull back to the 50 day. But if it gets support it will be actionable.
Arnie: Your take on weeklys helped me weather a very bad day on tuesday...dailys looked awful and down alot - then looked at weekly and it calmed me down. Leslie ... Yes !!!!!!!! Well done .
Ed - Please enable gallery view. :-) Just shared with Ed.
Wow, CG will be happy! It's a good morning, at least right now.
Chris - how many positions do you typically hold in your portfolio? Trying to get a handle on this for myself thx Usually around 10 when the market is strong.
Good morning. Arnie, could you show an example today on how you use stochastics to enter a trade when the market is on a run? Hi Robert, I don't use stochastics . MarketSurge does have a webinar on it. Used to guage overbought and oversold stocks.
GVA announced it's delaying release of its earnings by 1 week and it's down 15% pre-market...any reason behind the the harsh reaction? Let's see how it trades not much now.
Arnie you are a comfort in bull & bear mkts ;) Hjajaajja ... Thank you Julie !!!
GM! I signed-on a little late....tickers this morning? CBOE (Rachel) and ARM (Arnie)
Is there an overview of all the market indicators available in marketsurge somewhere? yesterday 0BULL was on the show for example, how can I find stuff like that? thanks and keep up the good work! Here are some tickers to check out: GMIAA, GMIAB, NYEXG and NASDQ
Can we review TSM? It has gapped up live answered
Where can we find a write-up on the method Rachel just mentioned: Here's a great article that talks about it: https://www.investors.com/how-to-invest/investors-corner/breakaway-gap-the-art-of-the-breakout/
After a gap-up, watch the next 5-minutes There are a lot of ways to play gaps. We will sometimes use the 5 min. If TSM takes out the high of the first 5 min bar you could add or even start a position.
Thoughts on DUOL? live answered
DUOL hitting new highs Specialty consumer plays still a highlight.
VRT going along...... Bullish, indeed. Nice progress past that handle at 103.69. Hope it's going well for you, Howard! https://leaderboard.investors.com/#/leaders/leadersnearabuypoint
Arnie: Thanks for input and guidance re: planning how to handle the market right now. So sane—I also am fully invested but just want to BUY stuff. FOMO!!!—I'm gonna relax and follow your guidance—TY!!! Excellent!
JPM hitting traditional pivot live answered
Was invested 166% or so coming into today, and looking to de risk if the mkt seems topsy. Do you think that is close? We cannot provide answers that offer investment advice, Joey, pls note. That said. it's very critical to be aware of emotions, and IBD has always, always espoused a system of sell rules that do not stand on emotions but on sound logic. May
I ask you to check out this IC (Investor's Corner) and this section? https://www.investors.com/how-to-invest/investors-corner/how-to-handle-stock-market-expectations/ https://www.investors.com/how-to-invest/when-to-sell-stocks/
David Ryan was right on Tuesday when he advised to "keep an eye on gold". GLD has broken out to new highs, but why? Yields and the dollar are both up! live answered
please comment on gddy Done
funds going down in CCJ 100%. Mutual fund owners go from 1,056 in Q4 2022 to as high as 1,406 in Q2 this year.
PAY has moved recently and under heavy vol today so far, thoughts? Sharp move. This one in the group caught me by surprise. Keep watching.
Hi - Scott has been a proponent of CCJ; is he in the stock now? I am not, others in the group related to this one but I missed CCJ
Not want to eat a bowl of spice OR, ala ScarFace, not put your face in a plate of white powder... Heh.
IBD made me do a PRESS AND HOLD test to verify I was human, but there was no ancillary test to prove that I am a CAN SLIM trader. Maybe something to add to keep the interlopers out? Not a bad idea, Gregg. Maybe have people identify cup with handles? Of course, we still want to teach the new folks! :)
Thoughts on S with it turning profitable live answered
Can we review DUOL- Minnervini brought it up in the podcast yesterday, seems to be tightening up live answered
Any thought on GCT? Low float and high short interest. Started to breakout and is basing a liitle, needs to regain the 200 line. Funds are buying it again, which is impressive. I'll watch it but it's very volatile.
is uthr on leaderboard? Yes it was added yesterday. Also on SwingTrader.
What do you guys think of Affirm holdings It's 21-day ATR is 6.6%, which is volatile. The last pullback could have been profitable. But it's down 7% today.
Leaderboard hasnt been updated to show UTHR?? Do you mean the position summary? It shows up on mine. Maybe try hitting refresh?
NFLX is the survivor in the space - you buy this on pullbacks - like here. Earnings after the close though.
Rachel is doing a Great Job in her Analysis of stocks(Technicals) my weak point (I need alot of work) TY Michae Hopefully watching regularly will help improve that for you! Don't forget we also have technical analysis on our IBD 50 charts, Big Cap 20, Sector Leaders and more. So you can always test your analysis against ours. Even if it differs, doesn't
mean it's wrong.
TSM is pushing into new highs. Impressive move, even with the market pulling back.
thoughts on RDDT? I got shaken out of it. Extended now but still watching.
Thoughts on CLBT? Tight trading previous 8 weeks. On my watchlist and looks good. If it can punch above 18.50 I may take a position.
Just asking, but does anyone know or have experience if people actually get fluent in a language using Duolingo? Full on conversational and comprehension ability with a native foreign language speaker? Justin has learned a lot of Spanish and now knows what his mother-in-law and wife say about him at dinner. But I don't know if he's fluent.
Duolingo great, I use it everday but the AI part is currently overrated in my opinion live answered
Can you review PLTR? I'm waiting for a shelf or a pullback to the 21-day.
GDDY - this IS a base - you could have bought off the r50 That was an ideal entry.
Can we look at SPOT? live answered
Any fears about interest rates? Up quite a bit today. Kind of interesting. As data comes out showing economic strength and less likelihood of recession, that also means less need for aggressive cutting and drifting higher for the yields. For me, I'd rather take some higher rates and not have
a recession.
Arnie, I get what you're saying with GDDY. It didn't do anything for a full half decade (2018-2023, look at the monthly), and after those crazy Super Bowl commercials it wore me out that it just didn't move. Thought this latest move was going
to be another fakeout, but oh was I wrong.
So true ... It always happens when you least expect it.
What is the highest U/D Vol Ratio? Can we search U/D on Market Surge? COHR is 3.7, STEP is 2, APP is 2.6!! You can screen using the U/D Vol Ratio.
CART as it comes down into its 21 day on low volume? Looks like the 21-day may offer support. I'm watching.
would you buy the ETF XHB? The best moves seem to come on pullbcacks to the 50-day. I wouldn't be buying it now.
AGX with ants past 2 day, actionable? Not at all. Super extended. The Ants aren't a buy signal but a way to find strong stocks that you may have missed. Put them on your watchlist and wait for a pullback or consolidation.
Arnie what is the delta for change on toast? Annual earnings estimates 2024 and 2025
Please explain optimization. When leaders are extended, adding to them raises basis. Is this an exception to the recommended 50-30-20 purchase pattern? I wouldn't add to them when they are extended. Wait for a pullback or consolidation. Then add to them.
Scot, any updates on adding VWAP? ATR to Marketsurge? It's in the pipeline but no release date yet.
thoughts on COHR - seems quite strong Absolutely. Extended now. Waiting for another entry.
GNRC? live answered
SHW was a stock that was mentioned a few months ago and it looks soo strong and i hate that i never entered it 50-day pullback offered a brief second chance but it's extended again with earnings due. But it's been doing well for sure.
if a stock is a proven winner buying subsequent breakout becomes increasingly risky - buying on the pullback has given my some great entries and then, with 20 or 30% under my belt I can decide what to do - where is your lowest risk entry on
a winning stock? - think about it
I completely agree. If you miss something, look for a pullback.
how important the the moving ave,stack in proper order??? Some of the best rebounds off of pullbacks occur after the 10, 21 and 50 day lines converge in an uptrend.
Ed, Pennant PTNG is the other one in PACS ENSN group Thanks.
oooh, I like that one, "scared money doesn't make money". Nice! live answered
Ensign earnings are October 23 - Wednesday Not sure if that's official.
UBER - what I would say is buying EXPE is really stupid live answered
Ed wait until Lena Khan gets a load of UBER building a walled garden steering EXPE subsribers into rides Very good point.
Uber also as a new robot for delivery that has higher capacity and battery life rolling out. live answered
AFRM - look at that base - I need meds to treat the vertigo I get looking at the chart. The 21-day ATR is 6.6%. At best I could try short swing trades.
final thought - ALAB - bought the gap up on the theory that this is a change in narrative with a new product that has - wait for it - AI! resistance and earnings ahead - let's see if it can take out 70 Going to be a handle after Friday.
Ed does best recap and final stocks…..Cheers to all! live answered
China stimulus not working - this is a big deal for global economy live answered
Chris NFLX earnings - thanks! maybe options!@ The ATM call has 3.9% risk based on the current stock price.
Don't get giddy (Arne's comment), get Go Daddy ! hhahahahahh ... So good !!

 

Ready List

Symbol
AVGO
CAH
CBOE
FN
GDDY
HEI
JPM
PANW
QTWO
SCCO
SLVM
SPOT
WMT

 

Watch List

Symbol
AA
AAOI
AAON
AAPL
ABT
ACM
ACN
ADP
ADSK
AEM
AER
AGI
AGX
AIT
ALAB
ALK
ALL
ALNY
ALSN
AMP
ANET
ANF
APO
APP
ARES
ARM
ARMK
AS
ATMU
ATR
AVAV
AVGO
AWI
AXON
AXP
BAC
BAH
BAM
BCS
BKNG
BLK
BMO
BOOT
BRBR
BRKB
BRO
BSX
BWXT
BX
BXP
CACI
CAH
CALM
CARR
CART
CASY
CAT
CAVA
CB
CBOE
CBT
CCJ
CCL
CEG
CG
CHKP
CIEN
CINF
CME
CMI
CNK
COHR
COOP
CORT
CORZ
CPAY
CPNG
CR
CRDO
CRH
CRNX
CRS
CSL
CSWI
CTAS
CUK
CURB
CVCO
CVNA
CW
DAL
DASH
DOCU
DUK
DUOL
DVA
DY
EAT
EBAY
EME
ETN
EVR
EWBC
EXP
FAST
FCX
FDS
FI
FICO
FIX
FLEX
FLR
FLS
FN
FOUR
FRPT
FTAI
FTDR
FTNT
GDDY
GE
GEV
GGAL
GLNG
GLW
GMED
GNRC
GS
GWRE
GWW
HD
HEI
HIMS
HLNE
HLT
HMY
HON
HOOD
HPQ
HROW
HUBB
HWM
IBKR
IBP
ICE
IDCC
IESC
IOT
IR
IRM
ISRG
IT
ITGR
J
JCI
JEF
JPM
KKR
KMI
KNF
KTOS
LAD
LAMR
LAZ
LDOS
LEN
LEU
LHX
LITE
LLY
LMT
LOW
LTH
LYV
MA
MANH
MAR
MAS
MCD
MELI
META
MHK
MHO
MLI
MMM
MNDY
MOD
MORN
MP
MRVL
MS
MSI
MSTR
MTB
MTZ
NCLH
NDAQ
NEM
NOW
NRG
NU
NVDA
NVR
NYT
OC
OKE
OKLO
OLED
OMC
ONON
ORCL
ORLY
OTIS
OWL
PACS
PANW
PH
PHM
PI
PIPR
PLTR
PNC
PNR
POWL
PRIM
PRMW
PWR
QFIN
QTWO
R
RACE
RBRK
RCL
RDDT
RJF
RKLB
RL
RNR
ROAD
RPM
RSG
RTX
RYAN
SCCO
SE
SF
SFM
SG
SHAK
SHOO
SHOP
SHW
SKY
SKYW
SLVM
SMG
SMR
SN
SNA
SOLV
SPG
SPHR
SPOT
SPXC
STEP
STLD
STRL
STX
SYF
TCBI
TDG
TEVA
THC
TJX
TMHC
TMUS
TOL
TOST
TPH
TPL
TRP
TRU
TRV
TSCO
TSM
TT
TTD
TTEK
TW
TXRH
TYL
UAL
UBER
ULS
UNM
UPST
URI
USB
UTHR
V
VERX
VIK
VITL
VLTO
VMI
VNO
VNOM
VRNS
VRT
VRTX
VST
VTR
WAB
WELL
WFC
WIX
WMB
WMT
WRB
WTFC
YOU
YPF
Z
ZBRA
ZETA

 

Top Mutual Funds For Stock Research

Institutional sponsorship is a key part of IBD's CAN SLIM methodology. Here's a list of top growth-style mutual funds that our team likes to see as holders of individual stocks we're researching.

Symbol Name
ALSAX ALGER SMALL CAP GROWTH A
ACRNX Columbia Acorn Inst
FCNTX Fidelity Contrafund
FMAGX Fidelity Magellan
FOCPX Fidelity OTC
FKGRX Franklin Growth A
OPOCX Invesco Oppenheimer Discovery
JDMAX JANUS HENDERSON ENTERPRISE A
JDCAX JANUS HENDERSON FORTY A
JACAX Janus Henderson VIT Forty Inst
LAGWX Lord Abbett Developing Growth
LGLAX Lord Abbett Growth Leaders A
MFEGX MFS Growth A
LGOAX Miller Opportunity A
POAGX PRIMECAP Odyssey Aggressive Growth
PRNHX T. Rowe Price New Horizons
VPCCX Vanguard PRIMECAP Core Inv
WGROX Wasatch Core Growth
WMICX Wasatch Micro Cap
SGRAX WELLS FARGO GROWTH A

 

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