Stock Market Today With IBD

Stocks Fade After Strong Start; Ollie’s Bargain Outlet, AMD, TREX In Focus

Dec 6, 2023
Stock market indexes faded after initial gains, bonds were bought as oil prices slumped. Ollie’s Bargain Outlet and AMD couldn’t sustain their gains, while Trex is near the top of a cup base. Analysis includes resistance levels of the S&P 500 and concerns over potential economic slowdown. Performance of Russell 2000 and implications for small caps discussed. Ollie's Bargain Outlet's lack of sustained growth and its impact on the market highlighted. Insights and suggestions for investing in Ollie’s Bargain Outlet, AMD, and TREX provided.
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