Stock Market Today: Bear Scare!

The financial markets are looking bearish as we begin Wednesday’s trading session. The S&P 500 (SPY) is lower by nearly a percent, as is the Nasdaq 100 (QQQ).

Trade concerns is the culprit but the market has been technically weak for a while.

In today’s video, we look at key support levels on the major stock market indices, discuss what’s happening in industries/sectors of interest, and the latest earnings and equity-related news. Here’s a recap:

Futures Testing Lower Supports in the Pre-Market

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Energy Continues to be a Sector to Avoid

QQQ on the Verge of Underperformance

Stock Market Today Video – May 29, 2019

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.