The major U.S. stock market indices are in a bullish up-trend, but likely to be nearing a pullback or correction. The major indices are flashing overbought signals.
In today’s video, we discuss current investing news, the week ahead, key technical trading indicators, and sectors and stocks that are trending. Here’s a recap:
Important stock indices in the U.S. closed at record weekly highs.
This is occurring as safe haven stocks are oversold.
We also take a look at short interest in stocks through the Chaikin lens and analysis.
Stock Market Today Video – January 25, 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.
