Stock Market Today: Recent Winners Face Investor Selling

Dan Russo

The broader stock market appears content to take a breather, with several key indices heading lower in early trade.

The S&P 500 NYSEARCA: SPY reached up to 2989 yesterday in an attempt to test the big round 3000 level. Today, the index is down around 15 points in early trade.

In today’s video, we discuss current news, trends, and themes in the stock market and other asset classes. We also share our research on sectors and industries that are showing relative strength. Here’s a recap:

– Investors sell the winners and buy the laggards as trading turns mixed.

– Bond proxies are under pressure as interest rates move higher.

– Technology stocks are holding the sector’s relative strength breakout.

Stock Market Today Video – September 10, 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.