The Materials Sector ETF (NYSEARCA: XLB) and Energy Sector ETF (NYSEARCA: XLE) lead stocks higher on Wednesday.
The slow grind higher has been frustrating for bears and likely grinding them out. That said, traders need to be on alert for any signs of reversal as the rally nears 9 weeks.
Here are a few highlights from today’s video:
– Materials Lead on Commodity Strength
– Mid-Caps Break Through Interim Highs
– Market Breadth Continues to Improve in the US & Globally
Stock Market Today Video – February 20, 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.
