Stock Market Today: Waiting For The Next Catalyst

Dan Russo

The S&P 500 Index (INDEXSP: .INX) is pausing just below 3000.

This is fairly common, and comes on the heels of a holiday shortened week during summertime. This means low volume and slow trading.

Investors are eyeing the Federal Reserve and potential trade news as catalysts. In today’s video, we discuss sectors we like and other that we would avoid. We also highlight out-performing stocks. Here’s a recap:

– Stocks Pause Above Support

– REITs and Utilities Find Relative Support

– Energy (NYSEARCA: XLE) Remains a Sector to Avoid

Stock Market Today Video – July 9, 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.

NOT INVESTMENT ADVICE – PLEASE READ INVESTMENT DISCLAIMER.