Market Outlook – 05/24/18 – Brandon Van Zee
The S&P 500® fell by 0.20% today after it was announced that the White House called off an upcoming meeting with North Korea. The intermediate posture remains strongly bullish. Market Sentiment posture is mildly bullish. The NASDAQ® finished the day with an overbought cluster signal. Treasuries and gold rallied after the aforementioned meeting was called off. The Energy sector struggled today, meanwhile, the Utilities sector benefited from falling interest rates.
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