Indexes Right At Key Levels; Monolithic Power, Oracle, C3.ai In Focus
S&P 500, Russell 2000 trade around the 50-day line.
March 8, 202319m 9s
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Show Notes
The major indexes showed indecisive trade a day after selling off on Fed chief Powell’s hawkish testimony Tuesday. The S&P 500 and Russell 2000 are right around their 50-day lines. Chip stocks were strong, with Monolithic Power setting up. Oracle is close to a buy point with earnings due. C3.ai fell solidly for a third straight session after skyrocking Friday.
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