Bull Market Precedent Breaks Wide Open; Nvidia, SMCI Plunge | Stock Market Today

Bull Market Precedent Breaks Wide Open; Nvidia, SMCI Plunge | Stock Market Today

19,349 View

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.

Stock Market Today: April 19, 2024
Hosts: Alissa Coram & Mike Webster

Get more IBD by subscribing to our channel: https://bit.ly/3OqppAs

Visit our website: https://www.investors.com
Like us on Facebook: https://www.facebook.com/investorsbusinessdaily
Follow us on Twitter: https://twitter.com/IBDinvestors
Follow us on Instagram: https://www.instagram.com/investorsbusinessdaily/
Follow us on StockTwits: https://stocktwits.com/InvestorsBusinessdaily
Follow us on LinkedIn: https://www.linkedin.com/company/investors-business-daily
Follow us on TikTok: https://www.tiktok.com/@ibdinvestors

Investor’s Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market.

#StockMarketToday #InvestorsBusinessDaily #IBD


Did you miss our previous article...
https://financialvideos.club/stock-investing/5-stocks-low-pe-ratio-best-under-valued-stocks-high-roce-amp-roe-stocks-5-stocks-for-investment