Investors were greeted with a steep decline in stock market futures not the heels of an escalating war of words between the US and China regarding recent trade discussions.
Perhaps it is just posturing, but it is unsettling considering how long they have been negotiating. The S&P 500 is staring 2900 support in the eye.
In today’s video, we look at the broader financial market, analyzing the Russell 2000 Index (small caps), commodities, and some stocks we like. Here are a few highlights:
Stock market futures are under pressure as President Trump escalates trade tensions.
Small Caps are trying to breakout… Will it last?
Commodities remain under pressure.
Stock Market Today Video – May 6, 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.
