The Dow Jones Industrial Average and other indexes ended higher after Fed Chair Jerome Powell spoke out on the future path of monetary policy Tuesday.
Among individual stocks, $Tesla (TSLA.US)$ surged on a deliveries beat while $Amazon (AMZN.US)$ rose following a bullish call. $Eli Lilly and Co (LLY.US)$ and $Novo-Nordisk A/S (NVO.US)$ fell on the stock market today after being cri...

The stock market gained Wednesday in spite of another elevated reading on inflation. Earnings reports started to come in for Q1 earnings season, mostly adding a positive lift to the stock market.
IBD 50 Rises On Energy, Steel, Food Stocks.
The Innovator IBD 50 $Innovator Ibd 50 Etf (FFTY.US)$ rose 2.2% as energy, fertilizer, steel and food-related stocks gained.
Steelmaker $Nucor (NUE.US)$ jumped 3%...

$Innovator Ibd 50 Etf (FFTY.US)$ Because itis an ETF of the IBD 50 index, the constituent stocks adopt William O'Neil's CANSLIM strategy, so it can roughly reflect the recent momentum trading, especially the breakthrough method. At present, it has basically risen far from the bottom of the large scale, and even the 5-day line has begun to fail to catch up. It is a very over-extended uptrend, so there is a need for a callback in the short term.

$Innovator Ibd 50 Etf (FFTY.US)$ There may be adjustments in the short term. Be careful whether this small risk will cause a slight correction in the market.

The trend of the $iShares Russell 2000 ETF (IWM.US)$ this week is indeed the same as my deduction last week, with the original line as the support for a rebound. Last week I pointed out that the support level was USD 224.4, and the intraday low on August 31 was USD 224.33, which was only 7 cents away. I myself was stunned by the accuracy. The $iShares Russell 2000 ETF (IWM.US)$ had some small pullbacks on Friday. It happened that the lowest point of the day was stepped on the red line but did not close, so the support level is still valid. Although the ...

$Innovator Ibd 50 Etf (FFTY.US)$  is this ETF good to invest in the long run?