Stock Market Analysis Latest – Healthy market pullback or time to get defensive? – August 11, 2023

Welcome back everyone to Stock Market Weekly Episode #694 for Friday, August 11, 2023 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:

  • Back to back down weeks for stocks
  • Dow Jones best house in neighborhood
  • 10-year treasury 4.17% into the weekend
  • US Dollar remains bid
  • Odds show maybe 1 more rate hike

Markets covered: XLE XLV

Stocks covered: AAPL MSFT NVDA AVGO

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 data tables in this video. To get access to IBD’s complete Industry Ranks list, sign up here.

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