12 min listen
Nasdaq Cools Off After A New High; Monday.com, PulteGroup, Diamondback Energy In Focus
Nasdaq Cools Off After A New High; Monday.com, PulteGroup, Diamondback Energy In Focus
ratings:
Length:
23 minutes
Released:
Feb 12, 2024
Format:
Podcast episode
Description
A rally by small and midcap names made up for a small retreat by the Nasdaq composite, but only after the Nasdaq made further ground past 16,000. It is less than a 1% rise away from eclipsing its November 2021 all-time peak. The Russell 2000’s solid gain helped affirm good numbers in terms of market breadth. AI-themed companies continue to attract attention and investor dollars, for good reason. But techs are not the only game in town lately for investors searching for stocks with breakout potential. Today we’ll highlight new buy points emerging in PulteGroup and Diamondback Energy as well as note a profit-taking sell rule in Monday.com ahead of its quarterly results early on Monday.
Released:
Feb 12, 2024
Format:
Podcast episode
Titles in the series (100)
Indexes Rebound Bullishly; Salesforce, Aehr Test Systems, Dexcom Are Big Movers: S&P 500, Nasdaq rebound, shrugging off hot yields. by Stock Market Today With IBD