The stock market is consolidating gains near key levels of interest, notably 3000 on the S&P 500 (NYSEARCA: SPY).
Semiconductor stocks (NYSEARCA: SMH) continue to be strong for the tech sector, but the broader market could use some help from the lagging small caps. But as active investors, it’s our job to find what’s working… and know what’s not.
In today’s video, we highlight sectors that are out-performing and stocks within those sectors that we like. We also discuss the health of the broad stock market indices. Here’s a recap:
– Semiconductors Lead the Market Higher on the Day
– Technology Remains in a Strong Relative Trend
– Small Caps Remain and Underperforming Area of the Market
Stock Market Today Video – July 23, 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.
