In this week’s video we’ll look at the road map to 3,000 in the S&P and 300 in the SPY ETF, along with peaks and potholes that mark the way. In particular we’re going to look at whether slowing momentum is signaling a market peak. We’ll take a trip back to 1954 to compare a similar peak in momentum to today.
In this week’s video we’ll go over the week’s economic data, headlines and the technical strength of the sectors. We’ll play a lightning round of “Would you rather?” to illustrate relative strength comparisons of specific sectors and asset types to the S&P 500. We’ll wrap up with a look at the daily and weekly charts for the week ahead.
In this video we’ll cover this week’s market turmoil over Italy, the US Economy, May sector performance and the charts for the week ahead.