04.26.24: host Mary Ellen McGonagle reviews the key drivers for this week’s volatile period. She takes a look at where the S&P 500 and NASDAQ closed for the week and whether it’s safe to put new money to work. The keys here are the MACD crossing the centerline and positive RSI with the price closing above the 50-Day. Several stocks gapped up into base breakouts, and these were covered as well.

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00:00 - Intro
00:33 - Headline News: New Home Sales, Q1 GDP, Core PCE
02:22 - S&P 500 ($SPX)
04:26 - Nasdaq Composite ($COMPQ)
05:19 - Nasdaq % of Stocks Above 50-Day ($NAA50)
06:38 - Rally in Nasdaq 100 Members
09:14 - Sectors: Technology (XLK), Discretionary (XLY)
11:07 - 10-Year Yield ($TNX), Semiconductors (SOXX)
12:31 - S&P Retail ETF (XRT), Homebuilders ETF (XHB), Nasdaq Biotech ETF (IBB)
14:17 - Nvidia (NVDA),Tesla (TSLA), Amazon (AMZN)
16:51 - S&P 500 Members: Wabtec (WAB), Chipotle (CMG)
18:12 - Wingstop (WING), Shake Shack (SHAK)
19:55 - See You Next Week!

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