With stocks holding near all-time highs and commodities showing recent strength, investors are bullish heading into the holiday. The financial markets are also expecting a government relief package to be passed this week.
In today’s video, I look at the latest investment themes and news, technical indicators for the major stock market ETFs, and commodities that are making some noise such as gold and crude oil. I also highlight sector rankings and trending stocks. Here’s a recap:
The bull market continues to push higher with the major stock indices trading near all-time highs.
Commodities remain strong as gold bounces off key price support and crude oil pushes to multi-month highs.
The US Dollar remains weak but is oversold.
Stock Market Today Video – December 7, 2020
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.
