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Bull Market Precedent Breaks Wide Open; Nvidia, SMCI Plunge

Bull Market Precedent Breaks Wide Open; Nvidia, SMCI Plunge

FromStock Market Today With IBD


Bull Market Precedent Breaks Wide Open; Nvidia, SMCI Plunge

FromStock Market Today With IBD

ratings:
Length:
55 minutes
Released:
Apr 19, 2024
Format:
Podcast episode

Description

The major indexes suffered significant losses Friday, with the S&P 500 breaking below the key 5,000 level. Last Friday was an expectation breaker, signaling more weakness could follow – and that’s exactly what we got. The bull market precedent of 2003 is officially broken. Nvidia and SMCI provide two big clues about the market’s unhealthy action, while Sprouts is one of the few setups out there to watch. Mike Webster provides homework to get you ready for next week.
Released:
Apr 19, 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.