The Nasdaq Composite (^IXIC) had the worst month of the year in September but there are signs that point to a potentially rally. Thanks to the August PCE report, some stocks have begun to claw back their losses. Alissa Coram, Investor’s Business Daily Executive Editor, joins Yahoo Finance's Jared Blikre to share their insights on the market and discuss some stand out stocks including Meta (META) and Baker Hughes Company (BKR), as well as Emerging markets ETF (EEM) and the performance of the U.S Dollar (DX-Y.NYB) Coram points out that when the Nasdaq broke its August lows, it shook out the "weak holders" and set the stage for a rally attempt. However, it's important to look for a "confirmation of a change in trends." Coram says she is looking specifically for a "follow through" day to confirm the move. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Don't underestimate the potential of this ad giant to return to strong earnings growth next year.
Fool.com contributor Parkev Tatevosian explains why the two digital advertising leaders have a formidable foe in Amazon (NASDAQ: AMZN). *Stock prices used were the afternoon prices of Sept. 26, 2023. The video was published on Sept, 28, 2023.