Stocks climbed higher in a sideways session that may have been weighed down by hedging ahead of tomorrow’s jobs data. Consumer discretionary and communication stocks led gains while utilities dragged. In the earnings space, Nvidia (NVDA) jumped 7% after it reported earnings that beat expectations. MongoDB (MDB) and Okta were also higher on strong sales of artificial intelligence software. Cracker Barrel (CBRL) fell 8% after the chain announced it will drop its new logo, sparking backlash from customers and President Trump.
It is a tough time to be an investor. With news available 24 hours a day on TV, computers and smartphones, it’s hard to keep up with the many global, national and local factors that could impact your investment portfolio. However, keeping up to date with what is happening can help you avoid mistakes like buying into a market trend that’s already starting to deteriorate. That’s why it’s important to regularly check the distribution days count in The Big Picture, which tracks and alerts you to changes in market trends. It’s one way that we help you manage risk and protect your gains in the volatile market.
About the Author
