The major U.S. stock market indices have pulled back within the 3 to 5 percent range of a normal pullback.
BUT we don’t know if this is closer to the beginning or end of the pullback / correction. Stock market indicators are pointing to risk aversion so it’s probably best for active investors to remain cautious and selective.
In today’s video we take a look beneath the surface to highlight key indicators for investors to monitor, while also ranking and analyzing the S&P sectors. Here are some highlights:
Stocks reverse early losses as the S&P 500 attempts to hold support.
Weakness in the semiconductor sector is a concern.
The high beta to low volatility ratio points to risk aversion.
Stock Market Today Video – May 10, 2019
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