Investors are enjoying yet another record high close for the S&P 500 (SPY) and Nasdaq 100 (QQQ).
Another bullish sign was seeing the Dow Jones Industrial Average (DIA) join the party.
In today’s video, we analyze the S&P 500 sectors and highlight sectors that are bullish (or turning bullish), and those that are bearish (or turning bearish). We also look at the broader market and assets. Here’s a recap:
– Cyclical Sectors Continue to See Improving Relative Strength
– Bond Proxies Under Pressure as Rates Move Higher
– Industrials Break to New Highs with the Market
Stock Market Today Video – November 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.
