Dead-Cat-Bounce? Micron under pressure

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Markus Koch Wall Street

Published on Streamed live on Dec 19, 2024
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To the Opening Bell+: https://bit.ly/360wallstreetpc * The day of the central bank decision often brings reactions that do not last long. Wall Street is therefore trying to recover. The reaction to the FED meeting seems exaggerated, especially since key points were already reflected in the expectations. The many warnings of an overheated market, with too much optimism, certainly contributed to the price slide. However, many investors have probably already written off the year, with the risk that further gains will be secured in the next few days. Shares in Micron and Lennar, which are suffering from sluggish prospects and downgrades, are under pressure. The earnings environment has otherwise been mixed since last night, with Accenture shares solidly up and Lamb Weston almost 20 percent weaker. 00:00 Intro 00:22 FED decision Reactions Government shutdown? 06:45 Central banks: Japan, Sweden, Norway 08:01 California declares bird flu emergency 08:40 Results Accenture, Conagra 11:55 Darden FactSet CarMax Steelcase Lennar 13:35 Micron 16:18 Okta Block Netflix Boeing 18:27 CVS Health *Advertising #financialmarket #openingbell

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