Several major stock market indices in the U.S. are likely to make all-time highs this week.
On watch will be the banks and small cap stocks. Can the banks show follow through on their recent relative strength? Can the Russell 2000 break above summer highs?
In today’s stock market video we discuss several key indicators, the technical set up on the major indices, and stocks and sectors we like. Here’s a recap:
– The S&P 500 Index INDEXSP: .INX and Nasdaq 100 INDEXNASDAQ: NDX are near all-time highs.
– The 10-year treasury yield continues to move higher above support at 1.5%
– Crude Oil’s strong week boosts commodities.
Stock Market Today Video – October 28, 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.
