Image Source: Pixabay

In this video, Ira Epstein discusses the current state of the financial markets, highlighting a shift in performance between the S&P and Nasdaq, which are experiencing losses, and the Dow and Russell stocks, which are gaining momentum. He suggests that tech stocks may be undergoing a necessary consolidation while previously underperforming stocks are seeing a revival.

Epstein also touches on the impact of tariffs, notably a significant financial hit to GM, and outlines upcoming economic data releases, including mortgage and home sales figures.

Additionally, he analyzes market patterns, noting potential resistance levels and the risk of losing bullish momentum in indices like the S&P and Nasdaq.

Video Length: 00:08:29

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