Bullish investors continue to keep a bid under stocks as the major stock market indices like the S&P 500 Index (SPY) and Nasdaq 100 (QQQ) hit all time highs.
The Dow Jones Industrial Average is only 1 percent off its highs, while small cap stocks and the Russell 2000 Index continue to lag (well off the highs).
In today’s video, we discuss several changing themes and key stock market indicators. We also look at key trends and stocks we are bullish / bearish on. Here’s a recap:
SPY and QQQ Trade to New All-Time Highs
Defensive Sectors Come Under Relative Pressure…
…As Cyclical Sectors Continue to Improve
Stock Market Today Video – October 29, 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.
