Mary Ellen McGonagle, expert analyst and founder of the MEM Edge Report, reviews the key factors that drove the markets lower. She highlights the most vulnerable areas for further weakness and examines historical market tumbles from new highs to help map out a strategic plan.
🤑 Get the Full Scoop With Mary Ellen's Weekly MEM Edge Report Here: https://bit.ly/3uXXsa8
👀 See what better financial charting can do for you! https://stockcharts.com
👍🏻 If you enjoyed this video be sure to hit the THUMBS UP
✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe Here: https://tinyurl.com/wvet7qj
00:00 - Intro
00:44 - Headline News: Q4 GDP, PCE
02:31 - SPX, COMPQ
04:27 - S&P Sectors: XLV, XLI, XLY, XLF
08:00 - ETFs: $VIX, IHI, IBB, SOXX
09:57 - WEAK: XRT, IWM, KRE, $TNX, IGV
11:56 - SCTR: APP, PLTR, RDDT, HOOD
17:03 - CHINA: MCHI, BILI, XPEV, TME, MOMO
18:33 - MOMENTUM: VFMO, VUG
19:35 - M7: AMZN, META, MSFT, AAPL, NFLX
22:18 - WEAK PERFORM: HIMS, GRAL
23:50 - DUOL, BROS
👍🏻 FOLLOW US
Twitter: @StockCharts : https://tinyurl.com/tt7429e
@StockChartsTV : https://twitter.com/stockchartstv
Facebook: https://tinyurl.com/w2fsb42
LinkedIn https://tinyurl.com/t7u9568
#maryellenmcgonagle #stockcharts #markets
@StockChartsTV @markets
❗️DISCLAIMER
Past performance is not indicative of future results. Neither the Show Participants
nor StockCharts.com guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on the show.
Strategies or investments discussed may fluctuate in price or value.
Investments or strategies mentioned in this show may not be suitable for you and
you should make your own independent decision regarding them. This material
does not take into account your particular investment objectives, financial situation
or needs and is not intended as recommendations appropriate for you.
You should strongly consider seeking advice from your own investment advisor
–––––
ℹ️ ABOUT STOCKCHARTS
StockCharts.com is the world's leading technical analysis and financial charting platform. Trusted by millions of online investors around the world, the company has been an industry leader in the financial technology space for more than two decades. With innovative, award-winning charting and analysis tools, our mission is to help you better analyze the markets, monitor and manage your portfolios, find promising new stocks and funds to buy, and ultimately make smarter investment decisions.
ℹ️ ABOUT STOCKCHARTS TV
StockCharts TV is devoted exclusively to financial charting and market analysis from the web's top technical experts. With a constant stream of technical charting-focused content, there's always something insightful, educational and entertaining to watch on the channel.