18 min listen
S&P 500, Nasdaq Pare Losses Near Key Support; MongoDB, Nvidia, SLB In Focus
S&P 500, Nasdaq Pare Losses Near Key Support; MongoDB, Nvidia, SLB In Focus
ratings:
Length:
17 minutes
Released:
Aug 8, 2023
Format:
Podcast episode
Description
The major indexes retreated, with the S&P 500 and Nasdaq nearing their 50-day moving averages before paring losses. Many leading growth stocks suffered hefty losses, including MongoDB. But market rally leader Nvidia continues to hold strong. SLB is flirting with a buy point after a brief shakeout Tuesday morning.
Released:
Aug 8, 2023
Format:
Podcast episode
Titles in the series (100)
Stocks Rally But Pare Gains; Meta Platforms, Boeing, Fortinet: A rally attempt is underway but don’t get excited yet. by Stock Market Today With IBD