Bulls are hoping that Tuesday’s late day rally carries over into today.
Fed Chairman Powell is on the hill to discuss the economy and potential interest rate cuts. How the S&P 500 (NYSEARCA: SPY), Nasdaq (NASDAQ: QQQ) and other major indexes react to this news will be of interest.
In today’s video, we discuss the current technical structure of the major stock market indexes, investor sentiment, and sectors/stocks that we like. Here’s a recap:
– Late Day Rally Sends the S&P 500 Into the Green
– Investor Sentiment Moves Toward Greed
– Price Behavior Change in Health Care Equipment?
Stock Market Today Video – July 10, 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.