Stocks pushed lower again on Wednesday and appear to be headed lower this morning as well.
Investor concerns are mounting as they weigh the economic fallout from COVID-19. In today’s video, we discuss the current price action, what technical indicators are saying, investing themes and news, and sectors and stocks that are trending. Here’s a recap:
– Recent Trend of Closing Near the Lows Continues, Fifth Time in Seven Sessions
– Market Breadth Remains Weak, Short-Term Divergence in Play
– Materials Are Part of a Weakening “Reflation” Basket of Funds
– Large Cap Growth Names in Focus Should Support Hold
Stock Market Today Video – May 14, 2020
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