EPISODE · Sep 20, 2023 · 12 MIN
Stocks Fade Late On Hawkish Fed Tone; Lululemon, Costco, CrowdStrike In Focus
from Stock Market Today With IBD · host Investor's Business Daily
Sellers came into the market after the Federal Reserve, as expected, left the federal funds rate unchanged. The Nasdaq composite marked its fourth distribution day in 10 trading sessions. Lululemon moved back into a buy zone; Costco is near the top of a shallow base and CrowdStrike continues to hold gains well after gapping up on earnings. Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
Sellers came into the market after the Federal Reserve, as expected, left the federal funds rate unchanged. The Nasdaq composite marked its fourth distribution day in 10 trading sessions. Lululemon moved back into a buy zone; Costco is near the top of a shallow base and CrowdStrike continues to hold gains well after gapping up on earnings. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Stocks Fade Late On Hawkish Fed Tone; Lululemon, Costco, CrowdStrike In Focus
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