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Mike Webster’s (Mike Webster) market take📈 : While the S&P 500 reclaiming key moving averages is a positive first step, we need a NASDAQ follow-through day before incrementally adding exposure.

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18,473 görüntüleme • 28 gün önce •via X (Twitter)

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IBD’s Mike Webster (Mike Webster) explains how a power trend can start—and still fail if the 21-day line breaks immediately. While the Nasdaq doesn't need to lead, it must hold steady to avoid dragging the broader market down. Watch for Webby’s key lines in the sand and historical precedents to study.
1:49

IBD’s Mike Webster (Mike Webster) explains how a power trend can start—and still fail if the 21-day line breaks immediately. While the Nasdaq doesn't need to lead, it must hold steady to avoid dragging the broader market down. Watch for Webby’s key lines in the sand and historical precedents to study.

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📈 CNBC: "We have another record day on Wall Street," with the S&P 500 and the Nasdaq both closing at record highs yet again.
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The S&P 500 and the Nasdaq closed lower, while the Dow edged up to its third record close in a row, as investors digested disappointing retail sales figures and waited for a key labor market report
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Wall Street extended its rally, sending the S&P 500 and Nasdaq to all-time closing highs – with each adding half a percent – while the Dow climbed one percent
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