SPX Pullback as Investors Prepare for September, XLK v. XLU Broad Market Signals
Schwab Network · Schwab Network
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Show Notes
The SPX pulled back to begin Friday's trading session ahead of a long holiday weekend. Kevin Green says it signals investors bracing for September volatility and rebalancing. However, he explains how recent trends in technology v. utilities can usher in bullish trading action for the broader market ahead. Gold continues to show strange trading action as it hits a key resistance level for a sixth time over the past couple months.
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