16 min listen
Markets Hold After Friday’s Reversal; Meta, Ollie's, Synopsys In Focus
Markets Hold After Friday’s Reversal; Meta, Ollie's, Synopsys In Focus
ratings:
Length:
27 minutes
Released:
Jul 1, 2024
Format:
Podcast episode
Description
With the downside reversal on Friday, you would expect weakness to follow. But the market indexes are still showing resilience and refuse to go down. You can credit the megacaps again. Take Meta which showed signs of support around 500. But there are also a few others setting up. Retailer Ollie’s Bargain Outlet is holding tight just under 100 after a nice quick pop following earnings and IBD Long-term Leader Synopsys found support at its 21-day line.
Released:
Jul 1, 2024
Format:
Podcast episode
Titles in the series (100)
Stocks Rally Ahead Of Key Inflation Data; Nvidia, Planet Fitness, SCCO In Focus: Falling bond yields brought buyers in from the sidelines. by Stock Market Today With IBD