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Tech Stocks Rise as Nasdaq Leads Futures; Focus on US Housing Starts

Published 2024-10-18, 08:55 a/m
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We review Friday morning's premarket activity, noting the quiet market conditions with the Nasdaq leading the futures higher. Netflix (NASDAQ:NFLX) and CVS remain focal points after their recent earnings reports and signals, while commodities see a mixed day with crude oil down and gold rising.

We also cover the VIX's unusual performance, financial and industrial sectors holding strong, and updates on the magnificent eight stocks, including Netflix, Nvidia (NASDAQ:NVDA), and Microsoft (NASDAQ:MSFT). We conclude by discussing overbought markets and upcoming opportunities in bear ETFs as the market potentially turns downward.

This content was originally posted on the Stock Market Timing YouTube Channel

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