Stock Market Today: Too Far, Too Fast for Energy Stocks?

Stocks are nearing overbought levels on the major market indices.

Next week should be interesting (and pivotal) for active investors. The S&P 500 (NYSEARCA: SPY) and Nasdaq 100 (NASDAQ: QQQ) are nearing important price resistance.

In today’s video we look at several indices, sectors and individual stocks. Here’s a high level overview:

–  Rally Hits a Fifth Day But Where is the Momentum

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–  Too Far, Too Fast in Energy?

–  Subtle Shift in Some Key Themes

Stock Market Today Video – January 11, 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.