Breadth improves as stock indices march back to prior highs – Stock Market Analysis for May 10, 2024

Welcome back everyone to Stock Market Weekly Episode #731 for Friday, May 10, 2024 where we will be breaking down the most important trends, price action, and noteworthy moves across financial markets.

As always, we will share extensive analytics on the S&P500 (SPX), Nasdaq 100 (NDX), Russell 2000 (RUT), and current volatility environments.

In this week’s episode:

  • Every sector closes green for the week
  • S&P500 just 0.50% from ATHs
  • Dip buyers show up for Gold
  • Growth stocks roll over on Friday
  • One of the lightest volume weeks YTD

Markets covered: GLD SLV Bitcoin IBIT

Stocks covered: ARKK META DIS SHOP UBER

We hope that you enjoyed this week’s episode!

Thanks to our sponsor Investor’s Business Daily for allowing us to showcase some of their stocks and data tables in this video. To get access to IBD’s stock lists and complete Industry Rankings, sign up here.

Don't miss out on future Stock Market Weekly videos

Please enter your name.
Please enter a valid email address.
Something went wrong. Please check your entries and try again.

Suggested Links

Leave a Comment