18 min listen
Market Rally Has Bullish Session; Li Auto, Oracle, MercadoLibre In Focus
Market Rally Has Bullish Session; Li Auto, Oracle, MercadoLibre In Focus
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)
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