Stocks are having trouble figuring out which direction to go. After peaking last week, the major stock market indices appear to be in a wait-and-see mode.
In today’s video, we discuss potential catalysts and news drivers, key technical price levels across the major indices and sectors, as well as stocks that are trending. Here’s a recap:
– Early strength is faded for the fourth consecutive day.
– Is there an opportunity in innovative health care?
– I am screening for stocks near 52-week highs.
– Market breadth metrics remain constructive.
Stock Market Today Video – October 22, 2020
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.
