Stocks are heading higher again on Friday as investors seem to shrug off unemployment numbers and look forward to the potential recovery with states reopening.
In today’s video, we discuss investing themes (leadership, sector rotation, divergences) and news, current price indicators, and sectors and stocks that are trending. Here’s a recap:
– Stocks Close Higher Ahead of the April Jobs Report
– Small Caps Test Near-Term, Relative Breakout…
– …While Small Cap Growth Begins to Show Leadership
– Cyclical Sectors Better Depict Economic Damage
Stock Market Today Video – May 8, 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.
