The stock market paused on Tuesday, but is looking higher today. Month-end buying may give the indices a boost.
In today’s video we look at key investing news and emerging themes, important technical trading levels to watch, and trending stocks and sectors. Here’s a recap:
Equity rally facing big test, can the S&P 500 overtake the 21-day EMA.
Investor sentiment much less greedy; some market metrics pointing to fear.
S&P 500 speculative positioning is no longer a tailwind.
South Korea is showing that the September tech stocks swoon is not global.
Stock Market Today Video – September 30, 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.