Although we have little idea what the month of June will bring returns-wise, I can assure you that investors are happy the month of May is over.
The S&P 500 (NYSEARCA: SPY) fell over six percent in May and closed on the lows. Ouch.
The index also suffered some near-term technical damage. In today’s video, we discuss this development, what’s happening in key stock market sectors, bond yields, and Gold (NYSEARCA: GLD). Here’s an overview of today’s video:
S&P 500 Breaks the 200-Day Moving Average
Gold Moves Higher Amid “Safe-Haven” Buying
10-Year Yield Continues to Decline, Will it Test 2%?
Stock Market Today Video – June 3, 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.
