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These Groups Just Turned BULLISH!
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08.16.24: Mary Ellen McGonagle, author MEM Edge Report, highlights what drove the sharp rally in the markets - posting their largest weekly gains for the year! She takes a close look at retail and cybersecurity stocks setting up for gains, and shares some of the best ways to participate.
👀 See what better financial charting can do for you!
👍🏻 If you enjoyed this video be sure to hit the THUMBS UP
00:00 - Welcome
00:33 - Headline News: Core PPI, Core CPI, Jobless Claims
01:56 - S&P 500 ($SPX), Nasdaq Composite ($COMPQ)
03:54 - S&P 500 Sectors: Technology (XLK), Discretionary (XLY)
06:35 - ETFs: US Medical Devices (IHI), S&P Retail ETF (XRT)
07:21 - Tech-Software ETF (IGV), Regional Banking (KRE)
08:46 - Volatility Index ($VIX), Russell 2000 ETF (IWM)
09:48 - Outperform: Starbucks (SBUX), Nike (NKE)
11:39 - Carvana (CVNA), Carmax (KMX), Sprouts (SFM)
13:12 - Intuitive Surgical (ISRG), Stryker (SYK), Boston Scientific (BSX)
14:42 - Columbia Banking (COLB), Western Alliance Bancorp (WAL)
16:16 - Fortinet (FTNT), CyberArk (CYBR), Palo Alto (PANW)
18:19 - Walmart (WMT), Nasdaq 100 EQL WGHT (QQEW), S&P EQL WGHT (RSP)
👍🏻 FOLLOW US
#stockcharts #maryellenmcgonagle #memedge
@StockChartsTV @CNBC @markets
❗️DISCLAIMER
Past performance is not indicative of future results. Neither the Show Participants
Strategies or investments discussed may fluctuate in price or value.
Investments or strategies mentioned in this show may not be suitable for you and
you should make your own independent decision regarding them. This material
does not take into account your particular investment objectives, financial situation
or needs and is not intended as recommendations appropriate for you.
You should strongly consider seeking advice from your own investment advisor
–––––
ℹ️ ABOUT STOCKCHARTS
ℹ️ ABOUT STOCKCHARTS TV
StockCharts TV is devoted exclusively to financial charting and market analysis from the web's top technical experts. With a constant stream of technical charting-focused content, there's always something insightful, educational and entertaining to watch on the channel.
👀 See what better financial charting can do for you!
👍🏻 If you enjoyed this video be sure to hit the THUMBS UP
00:00 - Welcome
00:33 - Headline News: Core PPI, Core CPI, Jobless Claims
01:56 - S&P 500 ($SPX), Nasdaq Composite ($COMPQ)
03:54 - S&P 500 Sectors: Technology (XLK), Discretionary (XLY)
06:35 - ETFs: US Medical Devices (IHI), S&P Retail ETF (XRT)
07:21 - Tech-Software ETF (IGV), Regional Banking (KRE)
08:46 - Volatility Index ($VIX), Russell 2000 ETF (IWM)
09:48 - Outperform: Starbucks (SBUX), Nike (NKE)
11:39 - Carvana (CVNA), Carmax (KMX), Sprouts (SFM)
13:12 - Intuitive Surgical (ISRG), Stryker (SYK), Boston Scientific (BSX)
14:42 - Columbia Banking (COLB), Western Alliance Bancorp (WAL)
16:16 - Fortinet (FTNT), CyberArk (CYBR), Palo Alto (PANW)
18:19 - Walmart (WMT), Nasdaq 100 EQL WGHT (QQEW), S&P EQL WGHT (RSP)
👍🏻 FOLLOW US
#stockcharts #maryellenmcgonagle #memedge
@StockChartsTV @CNBC @markets
❗️DISCLAIMER
Past performance is not indicative of future results. Neither the Show Participants
Strategies or investments discussed may fluctuate in price or value.
Investments or strategies mentioned in this show may not be suitable for you and
you should make your own independent decision regarding them. This material
does not take into account your particular investment objectives, financial situation
or needs and is not intended as recommendations appropriate for you.
You should strongly consider seeking advice from your own investment advisor
–––––
ℹ️ ABOUT STOCKCHARTS
ℹ️ ABOUT STOCKCHARTS TV
StockCharts TV is devoted exclusively to financial charting and market analysis from the web's top technical experts. With a constant stream of technical charting-focused content, there's always something insightful, educational and entertaining to watch on the channel.
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