The wild ride on Wall Street continues in August.
The S&P 500 NYSEARCA: SPY looks poised to open higher on Monday, but only hours ago U.S. stock market futures were down big.
And the beat goes on… In today’s video, we discuss the uptick in market volatility, how the major stock indices are holding up, as well as gold’s role in today’s market environment. Here’s a recap:
Equity market volatility remains the theme of the day as global trade headlines continue to dominate the news.
Major markets are at price support but overbought.
Gold moves to new highs in flight to safety.
Stock Market Today Video – August 26, 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.
