All the indices were up at the beginning of the session but started to fade and went negative after about 2 hours. So after the S&P500 was up 19 points, it ended down 27 points for the day. This looks like and acts like a reversal day but we’ll need to see follow-thru.
In the video below I go into detail about today’s action and look at the German DAX and China Shanghai Composite Index also. Stocks reviewed tonight include AAL, ADBE, LULU, GPRO, SCTY, TWTR and CAT.