After briefly topping 3100 this week, the S&P 500 Index INDEXSP: .INX has held its ground closing Wednesday at 3095.
The rally has improved market breadth metrics and, though nearing short-term overbought levels, most indices are technically constructive. Here’s a recap of today’s video:
Trade Comments Continue to Drive Near-Term Trading as Talks “Hit a Snag”
Market Breadth Metrics Remain Constructive…
…But Have Weakened Over the Past Two Weeks
Utilities Now Lagging the Market
Stock Market Today Video – November 14, 2019
Twitter: @DanRusso_CMT
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