After last week’s big rally higher, this week has been a lull.
Not much happening this week in the stock market other than some backing and filling. Active investors need to be careful here, however, as this lull has lasted all week. The S&P 500 (NYSEARCA: SPY) continues to trade below 2900 resistance and an old tech leader, the Semiconductors (NYSEARCA: SMH) are at a key juncture.
In today’s stock market video, we discuss this and more. We analyze key assets, sectors, and stocks. Here’s a recap:
S&P 500 Churns Under the 2,900 Level
Semis Face a Key Test Today
Energy (NYSEARCA: XLE) Rallies But With Bearish Money Flow
Stock Market Today Video – June 14, 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.
