Stocks are battling back as bulls look to reverse the decline that began earlier this month.
The S&P 500 Index INDEXSP: .INX posted gains in excess of 1 percent on Monday and futures are indicating a higher start to the day Tuesday. Can bulls build on this?
In today’s video, we take a deep dive into the S&P 500 sectors, ranking them in order from most bullish to most bearish. We also share our thoughts on Crude Oil, Gold, Bonds, and more. Here’s a recap:
The S&P 500 rebounded from support.
Defensive sectors continue to exhibit strong relative trends.
The Energy Sector NYSEARCA: XLE is a lagging sector across multiple timeframes.
Stock Market Today Video – August 27, 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.
