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Is This The Pause We’ve Been Waiting For? Shopify, DoorDash, Li Auto In Focus

Is This The Pause We’ve Been Waiting For? Shopify, DoorDash, Li Auto In Focus

FromStock Market Today With IBD


Is This The Pause We’ve Been Waiting For? Shopify, DoorDash, Li Auto In Focus

FromStock Market Today With IBD

ratings:
Length:
19 minutes
Released:
Nov 13, 2023
Format:
Podcast episode

Description

After a strong showing last week, the Nasdaq composite wasn’t willing to give up much ground. The S&P 500 is right there with it. But there is still a divergence with the other major indexes and breadth is still narrow. A pause could give other members a chance to catch up to the leaders. Shopify is going sideways after a strong earnings reaction and is looking at a double-bottom entry. DoorDash already broke out of its double bottom but had a second-chance offering at the buy point. Li Auto looks poised to shake off China weakness again as it breaks its downtrend but be careful of extra volatility. 
Released:
Nov 13, 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.