Stocks are bouncing sharply this week, lead by the Nasdaq 100 ETF (QQQ) and Russell 2000 ETF (IWM). The broad S&P 500 ETF (SPY) still needs to break above and hold $340.
In today’s video, we discuss current investing news and themes, look at sector performance and rotation, and trending stocks and ETFs. Here’s a recap:
The Technology Sector’s (XLK) relative up-trend is intact but still extended here.
The Materials Sector (XLB) is breaking its 3-year down-trend line.
Consumer discretionary stocks are strong even though Amazon is lagging.
Stock market futures point to a higher open today.
Stock Market Today Video – September 15, 2020
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