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Stocks Soar On Tame Consumer Prices; Lennar, Azek, Broadcom In Focus

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Manage episode 418448340 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.

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.

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349 episodes

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iconShare
 
Manage episode 418448340 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.

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.

  continue reading

349 episodes

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