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S&P 500 Sinks on Software and Semiconductor SELLOFF

by admin May 31, 2024
May 31, 2024
S&P 500 Sinks on Software and Semiconductor SELLOFF

In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Jonathan Krinsky, CMT of BTIG. Jonathan speaks to the weakness in market breadth conditions and the software group as a key space to watch for relative strength weakness. David breaks down the relationship between the S&P 500, Nasdaq 100, and Dow Jones Industrial Average and highlights the relative performance of defensive sectors.

See Dave’s chart tracking relative performance of defensive sectors here.

This video originally premiered on May 30, 2024. Watch on our dedicated Final Bar page on StockCharts TV!

New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.

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