Market Rally Ailing, But OK Outside Tech; JPMorgan, Flowserve, Nvidia In Focus
Aug 11, 2023
16:20
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The major indexes were mixed last week but the Nasdaq fell below its 50-day moving average, with Nvidia and many other tech growth stocks doing the same. The S&P 500 is still holding the 50-day line as non-tech sectors hold up, but it is hitting 21-day resistance. JPMorgan and Flowserve are both near buy points.
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