Stock market futures are gyrating as Friday’s trading session gets underway.
Additional consolidation wouldn’t be a bad thing here as the S&P 500 NYSEARCA: SPY is up sharply from its mid-week lows.
In today’s video, we identify out-performing sectors, discuss key market themes, and how rotation may come into play in the weeks ahead. Here’s a recap:
The Semiconductors Sector ETF NYSEARCA: SMH are holding relative support as the S&P 500 fills Monday’s open price gap.
Growth is being favored over value as global growth slows.
Medical device stocks are an leading industry group.
Stock Market Today Video – August 9, 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.
