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Market Rally Ailing, But OK Outside Tech; JPMorgan, Flowserve, Nvidia In Focus

Market Rally Ailing, But OK Outside Tech; JPMorgan, Flowserve, Nvidia In Focus

FromStock Market Today With IBD


Market Rally Ailing, But OK Outside Tech; JPMorgan, Flowserve, Nvidia In Focus

FromStock Market Today With IBD

ratings:
Length:
16 minutes
Released:
Aug 11, 2023
Format:
Podcast episode

Description

The major indexes were mixed last week but the Nasdaq fell below its 50-day moving average, with Nvidia and many other tech growth stocks doing the same. The S&P 500 is still holding the 50-day line as non-tech sectors hold up, but it is hitting 21-day resistance. JPMorgan and Flowserve are both near buy points.
Released:
Aug 11, 2023
Format:
Podcast episode

Titles in the series (100)

A roundup of the most compelling market action each trading day at the closing bell from Investor's Business Daily.