The longer the S&P 500 Index (INDEXSP: .INX) remains near 3000 and the Dow Jones Industrial Average (INDEXDJX: .DJI) above 27000, investors become more bullish.
Though we are overdue for some profit taking, we must let the price action guide us.
In today’s video, we discuss the broader market, key indicators, and assets and sectors/stocks we like. Here’s a recap:
– Investor Sentiment is More Greedy Than Fearful
– Oil & Gas Services Remains a Group to Avoid
– Regional Banks Underperform
Stock Market Today Video – July 17, 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.
