In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews last week's negative price action in the markets while sharing key areas of possible support for the Nasdaq and S&P 500. She also highlights the relative strength in defensive areas of the market and whether these stocks can be bought.
This video originally premiered October 27, 2023. Click on the above image to watch on our dedicated MEM Edge page on StockCharts TV, or click this link to watch on YouTube.
New episodes of The MEM Edge premiere weekly on Fridays. You can view all previously recorded episodes at this link. You can also receive a 4-week free trial of her MEM Edge Report by clicking the image below.
About the author:
Mary Ellen McGonagle
is a professional investing consultant and the president of MEM Investment Research. After eight years of working on Wall Street, Ms. McGonagle left to become a skilled stock analyst, working with William O’Neill in identifying healthy stocks with potential to take off. She has worked with clients that span the globe, including big names like Fidelity Asset Management, Morgan Stanley, Merrill Lynch and Oppenheimer.