Tech Stocks Hit Ahead Of Powell Speech; ONON, PDD, DASH I...

What this episode covers

The Nasdaq came down to its 50-day moving average Thursday ahead of Jerome Powell’s speech Friday morning in Jackson Hole. Traders are still leaning toward 100 basis points in rate cuts over the next three Fed meetings. On Holding fell in light volume after Wednesday’s breakout attempt; PDD is a rare bright spot in China; DoorDash is setting up in a nice base. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Frequently Asked Questions

How long is this episode of Stock Market Today With IBD?

This episode is 19 minutes long.

When was this Stock Market Today With IBD episode published?

This episode was published on August 22, 2024.

What is this episode about?

The Nasdaq came down to its 50-day moving average Thursday ahead of Jerome Powell’s speech Friday morning in Jackson Hole. Traders are still leaning toward 100 basis points in rate cuts over the next three Fed meetings. On Holding fell in light...

Can I download this Stock Market Today With IBD episode?

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