Stock market futures are trading slightly lower to start the new week.
The S&P 500 (SPY) is holding near 2950 and the Russell 2000 (IWM) around 1500. The latter index is nearing a decision point.
In today’s video, I discuss the current technical price structure of the major stock market indices, highlight themes and news to watch this week, along with sectors and stocks I like. Here’s a recap:
– The S&P 500 (SPY) finishes a volatile week on a bullish note.
– The Russell 2000 (IWM) and small cap stocks underperform and are nearing an inflection point.
– Safe-haven buying leads to lower US Treasury yields.
Stock Market Today Video – October 7, 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.
