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Markets Hold After Friday’s Reversal; Meta, Ollie's, Synopsys In Focus

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Manage episode 426670606 series 3568872
Content provided by Investor's Business Daily. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Investor's Business Daily or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

With the downside reversal on Friday, you would expect weakness to follow. But the market indexes are still showing resilience and refuse to go down. You can credit the megacaps again. Take Meta which showed signs of support around 500. But there are also a few others setting up. Retailer Ollie’s Bargain Outlet is holding tight just under 100 after a nice quick pop following earnings and IBD Long-term Leader Synopsys found support at its 21-day line.

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362 episodes

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iconShare
 
Manage episode 426670606 series 3568872
Content provided by Investor's Business Daily. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Investor's Business Daily or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

With the downside reversal on Friday, you would expect weakness to follow. But the market indexes are still showing resilience and refuse to go down. You can credit the megacaps again. Take Meta which showed signs of support around 500. But there are also a few others setting up. Retailer Ollie’s Bargain Outlet is holding tight just under 100 after a nice quick pop following earnings and IBD Long-term Leader Synopsys found support at its 21-day line.

  continue reading

362 episodes

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