Stocks experienced a bout of volatility on Monday, with the S&P 500 hitting new two week lows and the closely watched Nasdaq declining sharply as well.
But the major stock market indices recovered about half of the intraday decline into the close. And the trend (for now) is still in tact.
In today’s video, I discuss this and more. We highlight several sector ETFs and stocks with good risk/reward setups. Here are some highlights:
~ S&P 500 Fails to Break Resistance
~ Technology Leadership is Encouraging for the Bulls
~ Utilities (XLU) Remain Strong
Stock Market Today Video – March 5, 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.
