The S&P 500 (SPY) recovered some of its recent losses on Wednesday, but investors remain skittish.
The broad stock market indices continue to hover near all-time highs in a sideways trading range, perhaps waiting for the next positive/negative catalyst. In today’s video we discuss broad market indicators, the major stock indices, and sectors and stocks we like. Here’s a recap:
– Nasdaq and Russell 2000 lead equities higher.
– Investors look past impeachment concerns for now.
– Market breadth metrics weaken as stocks hold below resistance.
– REITs remain a leader in a world of falling interest rates.
Stock Market Today Video – September 26, 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.
