The pullback to begin the month of May has been followed up by back and forth price action on the S&P 500, NASDAQ, and other key stock market indices.
This has allowed the market some time to burn off excessive “greed” as indicated by investor sentiment polls and indicators.
In today’s video, we discuss key stock market indicators, sectors, and stocks we like. Here’s a recap:
Turnaround Tuesday Led by Materials and Technology
Sentiment has Become More Fearful Than Greedy
Industrials Pull Back to Support Opening Opportunities
Stock Market Today Video – May 22, 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.
