US equities hit session low ahead of the close
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Risk trades fade
The S&P 500 has fallen below 3000 and the 200-day moving average with about 15 minutes left in today’s trade. That’s not a great sign.
There is also a big divergence between momentum and value today. All the big recent winners like Shopify are down big while dogs like airlines and cruise ships have
The S&P 500 has fallen below 3000 and the 200-day moving average with about 15 minutes left in today’s trade. That’s not a great sign.
There is also a big divergence between momentum and value today. All the big recent winners like Shopify are down big while dogs like airlines and cruise ships have