The stock market recovery has not been evenly distributed across the major indices or sectors. There’s been leaders and laggards.
For instance, the Nasdaq 100 (QQQ) and technology sector is showing strength while the Russell 2000 (IWM) and small caps are showing weakness. In today’s video, we discuss this theme, along with several key technical indicators:
– Stocks Drop to Close the Quarter as First Resistance Holds
– Russell 2000 Continues to Lag While Nasdaq 100 is the Best of the Three
– Sentiment Remains Fearful But Off the Extremes
– Materials are a Weak Sector in a Weak Market
Stock Market Today Video – April 1, 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.
