The major stock market indices are pointing higher again on Tuesday as Industrials (NYSEARCA: DIA) and Defensive stocks lead the market higher.
The rally hasn’t seen a sizable pullback since it began in late December, so enjoy the ride but be on alert. The S&P 500 (NYSEARCA: SPY) is making a run at the next upside resistance.
In today’s video we look at our Chaikin indicators to highlight opportunities in select stocks and sectors. Here are some top level highlights:
– Industrials Relative Strength Intensifies
– Defensive Sectors Outperforming
– Energy and Materials Continue to Lag
Stock Market Today Video – February 12, 2019
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