Power Trend Starts, Stocks Comply; AppLovin, Monolithic Power, Booking In Focus
A lot of stocks are giving a second chance but Nvidia earnings are on tap this week.
Stock Market Today With IBD · Investor's Business Daily
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Show Notes
As a power trend starts, many stocks are giving second chances at buy areas. AppLovin held tight after earnings and has a look that can be found among many stocks today. Monolithic Power reaffirmed its breakout from last week after holding tight for a couple of days. Of course, Nvidia earnings are due after the close on Wednesday which puts a spotlight on chips. Finally, Booking.com is a little slower but shows strength outside of tech.
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