Bull Market Precedent Breaks Wide Open; Nvidia, SMCI Plunge
Podcast: Stock Market Today With IBDPublished On: Fri Apr 19 2024
Description: The major indexes suffered significant losses Friday, with the S&P 500 breaking below the key 5,000 level. Last Friday was an expectation breaker, signaling more weakness could follow – and that’s exactly what we got. The bull market precedent of 2003 is officially broken. Nvidia and SMCI provide two big clues about the market’s unhealthy action, while Sprouts is one of the few setups out there to watch. Mike Webster provides homework to get you ready for next week. Learn more about your ad choices. Visit megaphone.fm/adchoices
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