16 min listen
Market Shows Gains But Not Convincing Yet; Cactus, Hubbell, Ollie’s In Focus
Market Shows Gains But Not Convincing Yet; Cactus, Hubbell, Ollie’s In Focus
ratings:
Length:
18 minutes
Released:
Aug 28, 2023
Format:
Podcast episode
Description
Stocks burst higher at the open but quickly went back and forth the rest of the day. It’s not a market that’s proving itself ready to resume its uptrend yet. Outside of tech, some names setting up include oil machinery stock Cactus tightening up in a handle after a nice run up the right side of its base. Hubbell is on the verge of a flat base entry and Ollie’s Bargain Outlet showed a nice bounce ahead of its earnings report later this week.
Released:
Aug 28, 2023
Format:
Podcast episode
Titles in the series (100)
Stocks Rally Ahead Of Key Inflation Data; Nvidia, Planet Fitness, SCCO In Focus: Falling bond yields brought buyers in from the sidelines. by Stock Market Today With IBD