Stocks continue to grind higher. And that persistence, however slow, just grinds the bears out of the market.
It also raises investor sentiment (a contrarian indicator). But timing the exact turn for a pullback is difficult. So monitoring exposure levels is wise for active investors.
In today’s video we look at the week ahead, while discussing the trading outlook for the major stock market indexes, sectors, and select stocks. Here are a few highlights:
~ The S&P 500 Pushes Into the Resistance Zone
~ Small Caps are Overbought and Stalling
~ Commodities and the Dollar Continue to Consolidate
Stock Market Today Video – March 4, 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.
