Stocks continue to trade in a tight range as investors await this week’s Federal Reserve (FOMC) meeting and statement on interest rates and the economy.
Market uncertainty revolves around sporadic news of trade wars and hot and cold economic data. This has kept the S&P 500 (NYSEARCA: SPY) rangebound over the past week.
In today’s video we discuss macro trends, the major stock market indexes, and performance of key sectors. Here’s a recap:
– Stocks Consolidate Recent Gains in Front of This Week’s FOMC Meeting
– The Trend in Small Caps Remains Weak
– Oil is Testing a Key Level (NYSEARCA: USO)
Stock Market Today Video – June 17, 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.
