Stocks are set to lift off this morning, with the S&P 500 NYSEARCA: SPY ready to gap higher.
The market seems to be on firmer ground here in early September, but investors need to be aware of the headline risks that are causing big up and down days (China, global trade, central banks).
In today’s video, we discuss improving market breadth metrics and other stock market indicators, sectors that are showing relative strength, and key trends and themes to be aware of. Here’s a recap:
The S&P 500 is pushing to the top of the August range.
Market breadth metrics are improving; new highs for the A/D line.
Aerospace & Defense sector is on the verge of a breakout.
Stock Market Today Video – September 5, 2019
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.