Market Pops, Then Drops on Fed Day
In this edition of StockCharts TV‘s The Final Bar, Dave welcomes guest Adam Turnquist, CMT of LPL Financial. Dave debriefs on today’s Fed meeting market reaction, reviewing concerning technical developments for NVDA, AMD, SMCI, NCLH, and MAR. Adam relates short-term weakness in growth stocks to long-term strength based on market breadth conditions.
This video originally premiered on May 1, 2024. Watch on our dedicated Final Bar page on StockCharts TV!
New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.
Rules-Based Money Management – Part 5: Security Selection, Rules, and Guidelines
Note to the reader: This is the twenty-first in .
Biotechnology (IBB) Gets Silver Cross BUY Signal
Today the Biotechnology ETF (IBB) 20-day EMA crossed up through the 50-day EMA (Silver Cross), generating an IT Trend Model BUY Signal. If we look “under the hood” we can see that participation continues to expand. The Silver Cross Index
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The bull market hasn’t gone anywhere. Despite of worrying about the possibility of a correction and a long wait for movement in either direction, the stock market has finally showed its prowess. The Dow Jones Industrial Average ($INDU) is within reach