12 min listen
Market Gains Fade Ahead Of Powell; Splunk, MercadoLibre, Lantheus In Focus
Market Gains Fade Ahead Of Powell; Splunk, MercadoLibre, Lantheus In Focus
ratings:
Length:
15 minutes
Released:
Mar 6, 2023
Format:
Podcast episode
Description
The major indexes started strong but finished weak ahead of two-day testimony by Fed chair Powell. The S&P 500 and Nasdaq composite remain above their 21-day moving average lines but the Dow Jones Industrial Average hit resistance at its 50-day line. But there were still pockets of strength including a move above resistance for Splunk, a flat-base breakout by MercadoLibre and a setup continuing for Lantheus.
Released:
Mar 6, 2023
Format:
Podcast episode
Titles in the series (100)
Indexes Rebound Bullishly; Salesforce, Aehr Test Systems, Dexcom Are Big Movers: S&P 500, Nasdaq rebound, shrugging off hot yields. by Stock Market Today With IBD