The stock market rollercoaster continues… the S&P 500 (NYSEARCA: SPY) fell sharply yesterday morning before rallying back to almost even by day’s end.
The broad stock market index is holding above key price support at 2,630. Keep an eye on that.
In today’s video, we discuss key price supports around the major stock and bond indexes along with several other themes, including:
– Small cap stocks continuing to breakdown relative to large cap stocks.
– High Yield bonds testing support relative to treasury bonds.
Have a great weekend!
Stock Market Today Video – December 7, 2018
Twitter: @DanRusso_CMT
The 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.
