The S&P 500 Index (INDEXSP: .INX) is trading near 3000, posting new weekly trading highs just last week.
The story for bulls has morphed into one that is centered around a goldilocks economy: Low rates, moderate/steady growth, higher stocks… and a just-right economy.
In today’s video, we look at macro technical and fundamental indicators, strong and weak sectors, and stocks we like. Here’s a recap:
– New Weekly High for the S&P 500
– Payroll Report Drives a Back-up in Yields
– Insurance Continues to Lead
Stock Market Today Video – July 8, 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.
