Stocks are turning higher into the end of the week, as the S&P 500 Index (SPX) pushes past 2800.
This could set the stage for additional upside next week, however investors need to be aware of underlying technical indicators (breadth, momentum) and inter-market relationships.
In today’s video we look at these dynamics to better assess where the market is going and how healthy it is. We also share some insights on sectors and stocks we like. Here’s an overview:
The Russell 2000 (IWM) and Small Caps Stage an Oversold Bounce
Large Cap Growth Continues to Lead
The Semiconductors (SOXX) Pull Back Relative to the Market
Stock Market Today Video – March 29, 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.
