Stock market futures are pointing to a higher open today, but with the panic price action, one never knows how the six and half hour session will settle.
More importantly, traders are watching for signs of stabilization. In today’s video, we will highlight key areas of distress, themes and news we are watching, and what we are watching and need to see before a lasting rally can take hold. Here’s a recap:
– Major Averages Firmly in Bear Market Territory After > 9% Declines
– Risk Aversion Now at Extreme Levels
– Still Looking For Signs That Selling Pressure is Abating
– Growth Outperforms in a Slowing Growth World
Stock Market Today Video – March 13, 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.
