The major US stock market indices continue to record new highs as investors look to keep the rally going into the weekend.
In today’s stock market video, we discuss current and developing investment trends, key technical price points for major stock indices and assets, as well as sectors and stocks that are buys/sells. Here’s a recap:
Longer dated US Treasury Bonds have broken near-term support.
The Semiconductor Sector continues to provide leadership to the broader market.
The large cap FANG stocks are breaking down on a relative basis.
Stock Market Today Video – January 8, 2021
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.
