Stocks closed out the 3rd quarter with a positive day. The S&P 500 (SPY) closed higher by 0.5%.
Now investors turn the page to October. Volatility should get a boost this month, as the price action picks up and investors eye political news, trade wars, and central bank actions.
In today’s video, we discuss the month ahead, sector performance, and stocks we like. Here’s a recap:
– Stocks moved higher on the final day of the month / quarter.
– Financial stocks are beginning to show signs of relative strength.
– The Technology Sector ETF (XLK) is testing a key relative support level.
Stock Market Today Video – October 1, 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.
