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Indexes Stay In Their Lane While Medpace, Apollo, Exxon Mobil Outperform

Indexes Stay In Their Lane While Medpace, Apollo, Exxon Mobil Outperform

Indexes are staying within Thursday’s range for now. Take note of stocks doing better.

Stock Market Today With IBD

April 8, 202417m 20s

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Show Notes

After Thursday’s downside reversal, indexes have stayed within the highs and lows of that day. It sets up a nice lane for the markets but take note when it breaks from its lane. Take extra note of the stocks that do it first. Medpace crossed above Thursday’s high on Friday and followed up today. Apollo retraced a lot of ground on Friday and punctured above Thursday’s high today. Finally, ExxonMobil doesn’t even show anything happening on Thursday as it broke out of a cup base.

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