The major stock market indices reversed course from the intraday highs yesterday as investors bought “time” to hear from the Federal Reserve first.
What the Fed says today will be closely followed and likely create some “noise”.
In today’s video we discuss what current stock market trends and indicators are saying, as well as what stock we like. Here’s a sampling of highlights from the video:
Stocks Close Off the Best Levels as Investors Await the Fed
The S&P 500 (SPY) and Nasdaq 100 (QQQ) are Overbought in an Uptrend
Relative Weakness in Materials Re-Emerges
Stock Market Today Video – March 20, 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.
