Stock Market Today: Jobs Report Brings Retest of Highs

Stocks are looking up as they digest the Friday Jobs Report.

The S&P 500 has held 2900 price support and looks poised to retest Wednesday’s highs.

In today’s video we discuss sectors, stocks, and commodities that are leading / lagging and what’s next for the stock market. Here are the highlights:

Semiconductor stocks are trying to reverse higher on a relative strength basis.

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Will the FAANG stocks breakout?

Copper to Gold ratio is heading lower.

Stock Market Today Video – May 3, 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.