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Indexes Mark Time But Refuse To Give Up Ground; Arm, Axon And Allstate In Focus

Indexes Mark Time But Refuse To Give Up Ground; Arm, Axon And Allstate In Focus

FromStock Market Today With IBD


Indexes Mark Time But Refuse To Give Up Ground; Arm, Axon And Allstate In Focus

FromStock Market Today With IBD

ratings:
Length:
21 minutes
Released:
Mar 25, 2024
Format:
Podcast episode

Description

Even China news suggesting that Chinese chips would be favored over others wasn’t enough to shake this market. The major indexes continued to trade sideways but are making themselves comfortable above prior levels of resistance. It’s still worth sticking with A-list stocks and today we’ll take that literally with a look at Arm Holdings as it broke a recent downtrend on the China news. Also worth watching is Axon, formerly known as Taser, as it consolidates the gains from its last earnings move. Finally, it might be slow and boring but insurance companies like Allstate are filling the ranks of leadership and Allstate broke out of a short cup today.
Released:
Mar 25, 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.