Powell Comments Can't Keep Market Indexes Down; AMD, JFrog, Expedia In Focus
Market shakes off early weakness following Powell’s weekend comments.
Stock Market Today With IBD · Investor's Business Daily
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Fed Chair Powell gave a rare interview on “60 Minutes” reiterating a slow move towards rate cuts. While the market slumped early, it just refuses to stay down. Many of the leaders are extended but there are still a few that are actionable. Advanced Micro Devices formed a recent three-weeks-tight pattern that’s worth watching. JFrog broke out of a flat base today. Expedia is forming a very shallow flat base ahead of its earnings report on Thursday.
Learn more about your ad choices. Visit megaphone.fm/adchoices