Greedy sentiment (and overbought markets) tends to stay that way longer than most think.
So the on-going rally should be no surprise to active investors. On the same hand, a pullback (when it arrives) should be of little surprise. Today’s video discusses news and themes from this week, the week ahead, and stock market indicators we are watching (along with some stocks we like). Here’s a recap:
– The S&P 500 ETF (SPY) Reaches Another New Closing High
– The Semiconductors Sector (SMH) Continues To Advance From the Breakout Level
– There Is More Room to Run in the Growth to Value Shift
– Regional Banks Pull Back Toward Support
Stock Market Today Video – November 15, 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.
