Stocks rallied on Wednesday but investors continue to tread lightly with a risk off stance.
The S&P 500 Index is 26 percent lower than its all-time high heading into Friday’s trading session. In today’s video we discuss key news and market themes, while looking at technical indicators across indices, sectors and stocks. Here’s a recap:
– Rally Takes Back Some of Wednesday’s Decline.
– The S&P 500 Index Sits Between Key Support and Resistance Levels
– Key Themes Continue to Point to “Risk-Off”
– Semis Are Overbought With Diminishing Relative Strength
Stock Market Today Video – April 3, 2020
Twitter: @DanRusso_CMT
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