The S&P 500 Index (INDEXSP: .INX) is pausing just below 3000.
This is fairly common, and comes on the heels of a holiday shortened week during summertime. This means low volume and slow trading.
Investors are eyeing the Federal Reserve and potential trade news as catalysts. In today’s video, we discuss sectors we like and other that we would avoid. We also highlight out-performing stocks. Here’s a recap:
– Stocks Pause Above Support
– REITs and Utilities Find Relative Support
– Energy (NYSEARCA: XLE) Remains a Sector to Avoid
Stock Market Today Video – July 9, 2019
Twitter: @DanRusso_CMT
Author may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
