It was a rough day for investors on Thursday, and the selling may carry over into the long Labor Day weekend.
In today’s video, we discuss the major stock market indices, the latest investing news and themes, and sectors and stocks that we are watching. Here’s a recap:
Bent, not Broken. S&P 500 and Nasdaq 100 Work Off Extended Positions
Key Levels to Watch: $340 for S&P 500 ETF (SPY); $150 for Russell 2000 (IWM)
Relative Strength in Semiconductor Stocks is Still a Concern
Investors Flight to Safety in Treasuries
Stock Market Today Video – September 4, 2020
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.
