The financial markets are looking bearish as we begin Wednesday’s trading session. The S&P 500 (SPY) is lower by nearly a percent, as is the Nasdaq 100 (QQQ).
Trade concerns is the culprit but the market has been technically weak for a while.
In today’s video, we look at key support levels on the major stock market indices, discuss what’s happening in industries/sectors of interest, and the latest earnings and equity-related news. Here’s a recap:
Futures Testing Lower Supports in the Pre-Market
Energy Continues to be a Sector to Avoid
QQQ on the Verge of Underperformance
Stock Market Today Video – May 29, 2019
Twitter: @DanRusso_CMT
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