Momentum Monday: Bull Market Continues
From NASDAQ.:
Momentum Mondays covers breakout stocks, market events, and trading opportunities. Focus this week is on stock market indexes, the economic calendar, and upcoming earnings releases. Inflation data, including PCE and Core PCE numbers, is highly anticipated. Fed members are watching for signs of rising inflation. Rate cut expectations have decreased from six to three this year. Broadening channels in indexes and leading stocks may lead to lower volatility and sideways movement. Strong trading setups include ARM, KKR, Coinbase, Cleanspark, Cardinal Health, and Manhattan Associates. Good luck traders! To access recommendations from Zacks Investment Research, download 7 Best Stocks for the Next 30 Days featuring elite stocks with Zacks Rank #1 Strong Buys. Stocks include Cardinal Health, ARM Holdings, KKR & Co., Manhattan Associates, Cleanspark, and Coinbase. Results from Zacks find the full list of 220 Zacks Rank #1 Strong Buys has beaten the market more than 2x over with an average annual gain of 24%. Check out the 7 hand-picked elite stocks today.
Read more at NASDAQ.: Momentum Monday: Bull Market Continues