Powell Comments Can't Keep Market Indexes Down; AMD, JFrog, Expedia In Focus

from Stock Market Today With IBD · host Investor's Business Daily

Fed Chair Powell gave a rare interview on “60 Minutes” reiterating a slow move towards rate cuts. While the market slumped early, it just refuses to stay down. Many of the leaders are extended but there are still a few that are actionable. Advanced Micro Devices formed a recent three-weeks-tight pattern that’s worth watching. JFrog broke out of a flat base today. Expedia is forming a very shallow flat base ahead of its earnings report on Thursday. Learn more about your ad choices. Visit megaphone.fm/adchoices

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This episode was published on February 5, 2024.

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