15 min listen
Stocks Fade Late On Hawkish Fed Tone; Lululemon, Costco, CrowdStrike In Focus
Stocks Fade Late On Hawkish Fed Tone; Lululemon, Costco, CrowdStrike In Focus
ratings:
Length:
12 minutes
Released:
Sep 20, 2023
Format:
Podcast episode
Description
Sellers came into the market after the Federal Reserve, as expected, left the federal funds rate unchanged. The Nasdaq composite marked its fourth distribution day in 10 trading sessions. Lululemon moved back into a buy zone; Costco is near the top of a shallow base and CrowdStrike continues to hold gains well after gapping up on earnings.
Released:
Sep 20, 2023
Format:
Podcast episode
Titles in the series (100)
Market Gains Fade Ahead Of Powell; Splunk, MercadoLibre, Lantheus In Focus: Indexes took a pause ahead of testimony from Fed chair Powell. by Stock Market Today With IBD