RiskReversal Recap: February 29, 2024

Bullish Pattern In These Three Stocks 📈

Today’s MRKT Call is Presented by FactSet

Bullish Pattern In These Three Stocks 📈

Dan Nathan, Guy Adami, and Carter Worth break down the top market headlines and bring you stock market trade ideas for Thursday, February 29th.

Click here to access all of the charts mentioned in today’s MRKT Call.

What’s eating Apple?

Topic Timecodes:
Sticky Inflation (0:00); Apple (12:00); Bearish to Bullish Reversals (16:15); Earnings Insight (30:00)

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WHAT WE’RE READING

  • Nasdaq Closes at First Record Since 2021, Major Averages End February with 4th Monthly Gain (CNBC)

  • Ray Dalio says the U.S. Stock Market ‘Doesn’t Look Very Bubbly’ (CNBC)

  • Fed’s Daly Says Officials ‘Ready’ to Cut Interest Rates When Data Demands It (Bloomberg)

  • Fed’s Preferred Inflation Metric Increases by Most in a Year (Bloomberg)

  • Tech Layoffs Keep Coming. Why Is Head Count Barely Budging? (WSJ)

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