12 min listen
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
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)
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