There has been a significant loss in medium-term momentum behind the S&P 500, notes Katie Stockton. She discusses how the major indices are on pace for a losing month. She goes over how investors might want to use this rally to reduce exposure. She highlights that once we have a nice turnaround in those medium-term gauges, that’s where we’d feel more comfortable adding exposure in anticipation of a retest at the 4600 level. She looks at charting the U.S. dollar (/DX), the S&P 500, and the 10-year-yield. She also talks about how tech led yesterday’s gains as Nasdaq-100 rose 2.15%. Tune in to find out more about the stock market today.
Morning Trade Live
30 Aug 2023
SHARE
Morning Trade Live
20 Mar 2024
Market On Close
02 Apr 2024
The Watch List
06 Mar 2024
Next Gen Investing
02 Apr 2024
Market On Close
05 Mar 2024
Fast Market
09 Apr 2024