The S&P 500 (NYSEARCA: SPY) and Nasdaq 100 (NASDAQ: QQQ) zoomed to new highs on Wednesday as investors continue to bid up equities.
With the ECB on tap today and the Federal Reserve on tap next week, investors are hoping for dovish interest rate policy moves to support the stock market rally.
The question now is whether the market will “sell the news”. In today’s video, we discuss why the price action is important and what key indicators and sectors are saying now. Here’s a recap:
New Highs for the S&P 500 and Nasdaq
Breadth Metrics Remain Mixed
Aerospace and Defense is a Leading Industry Group
Stock Market Today Video – July 25, 2019
Twitter: @DanRusso_CMT
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