[VIDEO] Stock Market Today: January Rally Pauses

Dan Russo

Stocks are taking a breather after a nearly 4 week rally off the December lows.

The S&P 500 (SPY) has retraced nearly 50 percent of its losses (similar to other major stock indices).

Under the surface, there are several stocks and sectors setting up for tradable moves. Here are a few highlights from today’s video:

–  Rally Pauses as Markets Remain Overbought in the Near-Term

–  Semiconductors Continue to Underperform

–  Sentiment Indicators Ease Further From Extreme Fear

Stock Market Today Video – January 23, 2019

 

Twitter:  @DanRusso_CMT

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