The Final Bar

Market Pops, Then Drops on Fed Day

David Keller

David Keller

President and Chief Strategist, Sierra Alpha Research

In this edition of StockCharts TV's The Final Bar, Dave welcomes guest Adam Turnquist, CMT of LPL Financial. Dave debriefs on today's Fed meeting market reaction, reviewing concerning technical developments for NVDA, AMD, SMCI, NCLH, and MAR. Adam relates short-term weakness in growth stocks to long-term strength based on market breadth conditions.

This video originally premiered on May 1, 2024. Watch on our dedicated Final Bar page on StockCharts TV!

New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.

David Keller
About the author: , CMT is Chief Market Strategist at StockCharts.com, where he helps investors minimize behavioral biases through technical analysis. He is a frequent host on StockCharts TV, and he relates mindfulness techniques to investor decision making in his blog, The Mindful Investor. David is also President and Chief Strategist at Sierra Alpha Research LLC, a boutique investment research firm focused on managing risk through market awareness. He combines the strengths of technical analysis, behavioral finance, and data visualization to identify investment opportunities and enrich relationships between advisors and clients. Learn More