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Market Rally Has Bullish Session; Li Auto, Oracle, MercadoLibre In Focus

Market Rally Has Bullish Session; Li Auto, Oracle, MercadoLibre In Focus

FromStock Market Today With IBD


Market Rally Has Bullish Session; Li Auto, Oracle, MercadoLibre In Focus

FromStock Market Today With IBD

ratings:
Length:
17 minutes
Released:
Aug 29, 2023
Format:
Podcast episode

Description

The major indexes rallied above their 50-day moving averages in higher volume as Treasury yields and Fed rate-hike odds fell on weak jobs data. EV startup Li Auto blasted above its 21-day line, helped by some China optimism. Oracle is right around early entries while e-commerce giant MercadoLibre made a bullish bounce.
Released:
Aug 29, 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.