EPISODE · Jan 31, 2024 · 15 MIN
Stocks Pull Back After Tech Earnings, Fed Statement; RCL, TREX, MCO In Focus
from Stock Market Today With IBD · host Investor's Business Daily
The Nasdaq composite suffered a rare distribution day, falling 2% in higher volume. Breadth was more than 2-to-1 negative on both exchanges. Royal Caribbean Cruises is showing uncanny strength ahead of earnings; Trex is forming a flat base while holding above its 10-week line, while Moody’s is trying to clear a flat base. Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
The Nasdaq composite suffered a rare distribution day, falling 2% in higher volume. Breadth was more than 2-to-1 negative on both exchanges. Royal Caribbean Cruises is showing uncanny strength ahead of earnings; Trex is forming a flat base while holding above its 10-week line, while Moody’s is trying to clear a flat base. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Stocks Pull Back After Tech Earnings, Fed Statement; RCL, TREX, MCO In Focus
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