Stock Market Today With IBD

Powell’s Behind Us, What’s Next For Rally? Cava, Goldman Sachs, RCL In Focus

Aug 23, 2024
This week’s discussion centers on the stock market’s reaction to potential interest rate cuts from the Federal Reserve. Kava and Goldman Sachs are highlighted for their recent performance, alongside insights on Royal Caribbean. The rally in home builder stocks, especially the XHB ETF, is explored, linking gains to favorable interest rates. The hosts analyze trends in small-cap stocks and sector ETFs, emphasizing the potential in biotech and semiconductors. They also share strategies for disciplined stock selection and personalized screening techniques.
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