cover of episode Chip Stocks Lead Nasdaq Rally; Taiwan Semi, ARM, URI In Focus

Chip Stocks Lead Nasdaq Rally; Taiwan Semi, ARM, URI In Focus

2024/1/18
logo of podcast Stock Market Today With IBD

Stock Market Today With IBD

Shownotes Transcript

The Nasdaq outperformed even as bond yields and the U.S. dollar rose again. But breadth was suspect again, with advancers only having a slight edge over decliners on both exchanges. TSMC gapped out of a cup with handle base; ARM is holding support at its 10-week line, while URI is pulling back in orderly fashion.