In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen shares the key drivers of current price action, as well as what to be on the lookout for next week. She also shares the primary areas of support and resistance for the key market Indexes. The S&P 500 and the Nasdaq are at a crossroads, but select areas are shining amid the sideways market movement.
This video was originally broadcast on February 17, 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. You can also watch on our on-demand website, StockChartsTV.com, using this link.
New episodes of The MEM Edge air Fridays at 5pm PT on StockCharts TV. 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.
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.