AMC Entertainment Holdings, Inc (NYSE: AMC) opened slightly lower on Thursday before surging over 25% at one point to tag the 200-day simple moving average (SMA).
Netflix, Inc (NASDAQ: NFLX) was climbing over 3.5% higher on Thursday in bullish continuation after a 9% surge on Wednesday caused the stock to burst up through the $300 mark.
Ford Motor Company (NYSE: F) gapped up 1.37% to start Thursday’s trading session after a volatile session on Wednesday caused the stock to slip over 2% intraday before closing flat.
The CNN Money Fear and Greed index showed a sharp improvement in overall market sentiment following comments from Federal Reserve Chair Jerome Powell.
Powell suggested the central bank could begin easing back on its interest rate hikes starting as early as next month.
Direxion Daily Gold Miners Index Bull 2X Shares (NYSE: NUGT) gapped up 3% to start Wednesday’s trading session and after some early session volatility, the ETF surged an additional 3% from the open due to bullish price action across the gold