Stocks & Markets Podcast: Sectors to Avoid With Jay Woods
Jay Woods and Chris Versace discuss key levels for the S&P 500, sectors to avoid, and why Microsoft is the stock to watch, before answering member questions.
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In this episode of TheStreet's Stocks & Markets Podcast, Jay Woods of Freedom Capital Markets returns to chat with Chris Versace from the floor of the New York Stock Exchange.
Leveraging Jay’s role as a market technician, the two discuss why it may be time for investors to sit on the sidelines as we head into the seasonally weaker period of August and September. That leads to a discussion of key levels Jay is watching for the S&P 500, as well as why he’s focusing on shares of Microsoft MSFT.
Tariffs, employment data, and earnings expectations round out the discussion points before we answer some Pro Portfolio member questions, including why Jay believes market uncertainty is a potential gateway to investor opportunity.
