15 min listen
Stocks Soar On Tame Consumer Prices; Lennar, Azek, Broadcom In Focus
Stocks Soar On Tame Consumer Prices; Lennar, Azek, Broadcom In Focus
ratings:
Length:
13 minutes
Released:
May 15, 2024
Format:
Podcast episode
Description
Weaker-than-expected retail sales and a palatable reading on consumer prices fueled a fresh round of buying. The 10-year Treasury yield and U.S. dollar fell sharply. Breadth wasn’t great on the Nasdaq at less than 2-to-1 positive. Winners beat losers on the NYSE by just over 2-to-1. Lennar rallied with other homebuilders, while Azek moved bullishly above its 50-day line. Broadcom rose to the top of an 11-week consolidation.
Released:
May 15, 2024
Format:
Podcast episode
Titles in the series (100)
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