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S&P 500 and Dow show positive breadth as market drops, Jay Woods notes

S&P 500 and Dow show positive breadth as market drops, Jay Woods notes
Positive market breadth in S&P 500, Dow

Jay Woods, chief market strategist at Freedom Capital Markets, highlights that despite the market facing significant pressure, breadth in the S&P 500 remains positive at 258-to-244 and the Dow records a positive 16-to-14 split.

Woods also mentions that ticket prices for game three of the Knicks continue to surge.

Woods recently highlighted Uber’s trading session, noting the appearance of a bearish engulfing candle pattern to signal downside sentiment. Earlier this year, he also focused on LULU, emphasizing a critical technical test ahead of the company’s earnings. The strategist maintains a close watch on key movements across large-cap stocks and sectors.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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