Investors are sensing August month-end. Will we see mark ups or a melt down?
Currently, the S&P 500 NYSEARCA: SPY is down 3.7% (heading into today’s session). What happens with the small cap Russell 2000 NYSEARCA: IWM will be important to monitor here.
In today’s video, we discuss the current technical structure of the major stock market indices, highlight indicators that we are watching, and several sectors and stocks that are out-performing and under-performing. Here’s a recap:
Choppy, slow summer trading continues into month end.
Small cap stocks are on the verge of a breakdown.
The Medical Devices Industry is providing leadership.
Stock Market Today Video – August 28, 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.
