Stocks rallied sharply last week, leading the S&P 500 (NYSEARCA: SPY) right into resistance.
During this short-term consolidation/pullback period, market breadth is trying to improve. “Price” will have the final say…
In today’s video we look at several broad stock market indicators, highlight sectors that are working, and look at stocks that are leaders (longs) and laggards (shorts). Here’s a recap:
– June Rally Stalls at Resistance…
– But Breadth Metrics Hint at Upside
– Global Markets Improving
Stock Market Today Video – June 13, 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.
