Stocks are pushing higher following Wednesday’s reversal; S&P 500 Index futures are trying to rally past 2920.
It’s been a volatile start to October for the global financial markets. And with a lot of political and economic news making the rounds, it’s likely to continue.
In today’s video, we discuss the current price structure of the S&P 500, sources of volatility in market, along with current news and themes. We also highlight bullish and bearish stocks. Here’s a recap:
– Two-way volatility continues in October.
– Market breadth metrics are pointing to support (at the August lows) holding.
– I am seeing signs of relative strength in value stocks.
Stock Market Today Video – October 10, 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.
