Last week saw stocks fall sharply, as the VIX Volatility Index rose above 40 and the S&P 500 Index had (and others) had its worst week in a decade.
The major stock indices are now oversold and may be nearing a bounce short-term. In today’s video, we discuss current investing news and themes, what market indicators are saying, and highlight commodities (Gold) and stocks that are bullish/bearish. Here’s a recap:
– Stocks in the US Enter Oversold Conditions & Correction Territory
– Flight to Safety Drives Treasury Yields Lower
– Gold Pulls Back From the Highs Despite Increased Fear in the Market
– Chinese Technology Stocks are Actually Leading the S&P 500
Stock Market Today Video – March 2, 2020
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.
