The U.S. stock market indices continue to grind higher (into all-time highs) as investors celebrate the holiday season.
In today’s video, we discuss current investing news and themes, technical price indicators on the major stock indices, as well as trending sectors and stocks. Here’s a recap:
Investor sentiment is still very bullish but moderating as stock market grinds sideways to higher.
The Nasdaq 100 (QQQ) and large cap tech stocks are showing improving strength.
Defensive stocks (ie. utilities stocks) continue to struggle.
Stock Market Today Video – December 23, 2020
Twitter: @DanRusso_CMT
Author may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
