EPISODE · Jul 1, 2024 · 27 MIN
Markets Hold After Friday’s Reversal; Meta, Ollie's, Synopsys In Focus
from Stock Market Today With IBD · host Investor's Business Daily
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. Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
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. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Markets Hold After Friday’s Reversal; Meta, Ollie's, Synopsys In Focus
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