Aug 18 2019 - S&P 500 Remains Bearish To Start Week

In this weekend's video, I take a look at the Daily Charts vs. the Weekly Charts of the 'Big 3' ETFs... SPY, DIA, QQQ. The daily charts of SPY, DIA & QQQ remain firmly (technically) bearish. The weekly charts are starting to roll over too so caution is definitely warranted heading into this week.

I also take a look at the recent carnage in retail stocks like Macy's (M), Nordstrom (JWN), Abercrombie & Fitch (ANF) and the retail ETF (XRT) plus compare Target (TGT) vs. Walmart (WMT), along with Stamps.com (STMP), Palo Alto Network (PANW) and Nvidia (NVDA).

Have a great week ahead!

Ron

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