S&P 500 futures are pointing to a quiet start to the new week on Monday.
Stocks appear to be pulling back a bit but pithing a tighter trading formation as investors take some time to digest recent news.
In today’s video, we discuss the current outlook for the major stock market indices and sectors, while highlighting specific stocks and areas of the market we like. Here’s a recap:
– The S&P 500 Index is fading from price resistance.
– The 10-year treasury yield is resuming its downtrend.
– Utilities are providing leadership as treasury yields fall.
Stock Market Today Video – September 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.
