3 Momentum Anomaly Stocks to Buy as Election Frenzy Hits Market
CAVA (CAVA) ZACKS·2024-11-05 23:41
The broader U.S. equity markets have witnessed significant volatility over the past few trading days. Solid earnings from blue-chip technology stocks led a stock market rally, while a seemingly tight race for the Presidential elections triggered a sharp decline. The downtrend was also fueled by concerns regarding a potential rate cut by the Federal Reserve later this week.The soft labor market conditions added to the cacophony with the economy adding just 12,000 jobs in October, far below the broader estima ...