Tech Stocks Lead Market Higher Ahead of Earnings; Walmart, UnitedHealth Prepping New Buy Points
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Microsoft (MSFT) leads Dow Jones stocks near buy points, beating earnings and guiding up revenue growth. Stock has official 366.78 buy point.
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IBM (IBM) topped Q3 views, with software sales up nearly 8%. Stock reclaimed 50-day line, working on 151.93 flat base entry.
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Walmart (WMT) gaining share amid inflation. Fiscal Q3 earnings due Nov. 16. Stock has 165.85 cup base buy point.
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UnitedHealth (UNH) turning page after midyear warning. Forming handle on base with 546.78 entry. RS line at best levels since January.
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Amgen (AMGN) got target hikes on Horizon acquisition, pipeline. But stock undercut 268.24 buy point. Needs some repair time.