Stocks Rebound But Not All Clear Yet; Lululemon, KLA, AeroVironment In Focus
Nasdaq composite still faces test of 50-day moving average line.
October 16, 202320m 42s
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
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.
Learn more about your ad choices. Visit megaphone.fm/adchoices