Stocks are looking higher on Tuesday morning after closing down, but off the lows on Monday. Could a near-term bottom be taking shape?
It’s also noteworthy that tech is out-performing and bonds underperforming – both positive developments for hopeful bulls. In today’s video, we discuss these market themes, along with sector performance, technical price indicators on the major stock market indices, and S&P 500 stocks making big moves. Here’s a recap:
– New Bear Market Low for the S&P 500 NYSEARCA: SPY
– Bond Proxies Begin to Underperform, A Sign of a Near-term Bottom?
– New Relative Highs for Technology, Divergence In Place
– Communication Services Makes a Strong Relative Move to the Upside
Stock Market Today Video – March 24, 2020
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