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Stocks Rebound But Not All Clear Yet; Lululemon, KLA, AeroVironment In Focus

Stocks Rebound But Not All Clear Yet; Lululemon, KLA, AeroVironment In Focus

Nasdaq composite still faces test of 50-day moving average line.

Stock Market Today With IBD · Investor's Business Daily

October 16, 202320m 42s

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Show Notes

Given the poor finish on Friday it was nice to see a rebound, but the indexes still have some work to do. It was still an inside day for a lot of stocks and the 50-day line is still looming as potential resistance. Lululemon jumped on an addition to the S&P 500, KLA is showing strength among semiconductors and AeroVironment is worth a revisit as it breaks a downtrend. 

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