Stocks continue to trade in a sideways consolidation. But there are a few concerns lingering, Micron’s earnings being one of them.
Can bulls regroup and put together another thrust higher?
In today’s video, we look at the current macro technical setup on the major stock market indices, key indicators, and which sectors are out-performing. Here’s a recap:
– Stocks are holding above key price support levels.
– Key day for semiconductors stocks following Micron’s (MU) report.
– FAANG stocks are under relative selling pressure.
Stock Market Today Video – September 27, 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.
