The major US stock market indexes continue to rise in the face of vast economic uncertainty. Whether it be the post-posed stimulus or disappointing vaccine and/or corporate earnings news, investors are there to hit the buy button.
In today’s video, I discuss several of these investing themes, along with sharing my technical analysis of the major stock market indexes. I also look at trending sectors and stocks. Here’s a recap:
Stocks drift sideways as vaccines and stimulus remain in the distance.
Investor sentiment becomes more greedy… again.
Major US ETFs are near-term overbought.
Personality change for the capital markets?
Stock Market Today Video – October 14, 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.
