The stock market is pulling back as investor concerns begin to rise about the initial phase of re-opening the economy.
In today’s video we discuss the current technical structure of the major stock market indices and ETFs, key price areas to watch, investing themes and news, and stocks that are trending. Here’s a recap:
– S&P 500 (SPY) Fades From Resistance on Economic Re-Opening Concerns
– Large cap tech stocks and the Nasdaq 100 (QQQ) Stalls at the February Gap Down That Began the Market Crash
– Investor Sentiment is Mixed on the Week; Speculators Remain Short
– Transports on the Verge of a Breakdown
Stock Market Today Video – May 13, 2020
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.
