XLP, XLU, XLE: Bullish Or Bearish In The Most Difficult Market

This is one of the most difficult markets I've seen, says Michael Lee. He discusses the reasons why this market is difficult to call. He talks about how the market is waiting on a Federal Reserve pivot. He notes a bearish case for the market including interest rates going higher and consumer confidence is collapsing. His bullish case for the market is that bearish arguments are already priced in, and investors are positioned for bad things to happen. He then goes over some of his sector picks which include consumer staples (XLP), utilities (XLU), and energy (XLE). Tune in to find out more about the stock market today.