MARKETS: YF Premium Investment Idea: Facebook (FB)

Yahoo Finance's Jared Blikre breaks down some of the features of the Yahoo Finance Premium package.

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ADAM SHAPIRO: And we're gonna check markets once again with Jared Blikre. What's the latest you've got for us?

JARED BLIKRE: Well, we got utilities and real estate leading the markets right now, which is interesting. But looks like the Russell 2000 is higher, and the other three indices are in the red right now.

So looking at our NASDAQ 100 heat map, most of the FAANG stocks in the red. Microsoft down over 1%, along with Apple. But Facebook, another record high. That's up over 2%.

And looking at the biggest winners and losers here, we see Biogen up over 9%, along with T-Mobile. It's up over 7. And then to the downside, we've got Illumina down about 13%. And JD.com, a China stock, down 4%.

Let's take a look now at the S&P 500 five-day performance. And we are right near the week's highs here. And, in fact, we are very close to the record highs that we achieved in February. We're only about 1% off right now. So we want to watch that into the close.

And now it's time for our Yahoo Finance Premium Investment Idea of the Day. This is a technical pattern that Trading Central is identifying for Yahoo Finance Premium on the basis of a breakout of this diamond pattern right here.

We have a triangle to the right, triangle to the left, and this makes a diamond formation. And we've already broken to the upside, but they're saying that we have another $302 to $306 price target. So that would be about 19% higher right now, if we take the median of that.

If you're looking for a stop, probably want to put it under these most recent highs, right around 245 or so.