After another deep decline on Tuesday, the S&P 500 Index and broader stock market look poised to bounce.
The decline in stock prices has the major stock market indices in near-term oversold territory with most testing price support areas.
In today’s video, we discuss several stock market indicators, investing themes and news, and stocks we like. Here’s a recap:
– Stocks are oversold and trading near support.
– Investor sentiment remains fearful, supporting a near-term rally.
– Low Vol leads in a rising VIX market.
Stock Market Today Video – October 9, 2019
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