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Chip Stocks Lead Nasdaq Rally; Taiwan Semi, ARM, URI In Focus

Chip Stocks Lead Nasdaq Rally; Taiwan Semi, ARM, URI In Focus

FromStock Market Today With IBD


Chip Stocks Lead Nasdaq Rally; Taiwan Semi, ARM, URI In Focus

FromStock Market Today With IBD

ratings:
Length:
10 minutes
Released:
Jan 18, 2024
Format:
Podcast episode

Description

The Nasdaq outperformed even as bond yields and the U.S. dollar rose again. But breadth was suspect again, with advancers only having a slight edge over decliners on both exchanges. TSMC gapped out of a cup with handle base; ARM is holding support at its 10-week line, while URI is pulling back in orderly fashion.
Released:
Jan 18, 2024
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.