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Stocks: Healthy Rotation Or Concerning Distribution?
Video By:
Chris Ciovacco
Thursday, March 28, 2024 11:00 PM EDT
In this week's video, we'll review the latest charts and data to help us answer the question, stocks are we looking at healthy rotation or concerning distribution?
In this video: CHG, HYG, GLD, IEI, IJH, IJR, ITB, IWM, KRE, LQD, RSP, SHY, SPY, TBT, VEU, VOE, VT, XLE, XLK, XLP, NDX
Why Tech Is Giving Me Jeepers – Watch Out, Gold
110min after the U.S. open update: Markets are attempting to turn the (intraday) corner - if it has any legs today, look for oil to lead the way, followed by copper with silver. stocks recapturing the 3,910 level would be a great start really, if you're into (liquidity) miracles. I like the lower knot in $TLT & indecision in $XLK - thus far, the key words here.