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Markets Hold After Friday’s Reversal; Meta, Ollie's, Synopsys In Focus

Markets Hold After Friday’s Reversal; Meta, Ollie's, Synopsys In Focus

FromStock Market Today With IBD


Markets Hold After Friday’s Reversal; Meta, Ollie's, Synopsys In Focus

FromStock Market Today With IBD

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)

A roundup of the most compelling market action each trading day at the closing bell from Investor's Business Daily.