Stocks are set to rally on Wednesday morning as stock market futures point higher. But after Tuesday’s reversal lower, it remains to be seen how much power this move will have.
In today’s video, we look at key investing news and themes, technical price indicators on the major stock market indices, and trending stocks and sectors. Here’s a recap:
– The Stimulus Stalemate Sends Stocks Lower on Tuesday.
– Major Stock Market ETFs Remain Overbought in the Near-Term.
– The Pullback in Gold Presents an Opportunity in the Miners.
– Investor Sentiment Is Still More Greedy Than Fearful.
Stock Market Today Video – August 12, 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.
