Investors watched momentum slow on the major stock market indices for a a couple weeks before seeing the long awaited pullback.
The questions now revolve around whether this is a “healthy” pullback that will ultimately see a higher low before new highs. Investors will eye support today.
In today’s video we discuss the current state of the market while highlighting current long / short ideas across the market.
~ S&P 500 Testing Near-Term Support
~ Defensive Sectors are Leading
~ Pull Back in Industrials Provides Opportunities
Stock Market Today Video – March 8, 2019
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.