Tough market to figure out here. After several days of sideways movement, the S&P 500 (SPY) and other broad stock market indices may be ready for some movement.
Perhaps some false moves as the market tries to catch traders leaning.
Either way, we have to stay focused on our long/short positions and stay tuned to the trends in those stocks and ETFs. We share lots of ideas and insights in today’s video, including a look at the Semiconductors (SOXX). Here are the highlights:
S&P 500 Declines for a Third Consecutive Day
High Beta Stalls vs Low Volatility
Semis Near Resistance Relative to the S&P 500
Stock Market Today Video – March 1, 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.
