Stock Market Today: Reversal Higher Spurs Rally

Dan Russo

Stocks are pushing higher following Wednesday’s reversal; S&P 500 Index futures are trying to rally past 2920.

It’s been a volatile start to October for the global financial markets. And with a lot of political and economic news making the rounds, it’s likely to continue.

In today’s video, we discuss the current price structure of the S&P 500, sources of volatility in market, along with current news and themes. We also highlight bullish and bearish stocks. Here’s a recap:

– Two-way volatility continues in October.

– Market breadth metrics are pointing to support (at the August lows) holding.

– I am seeing signs of relative strength in value stocks.

Stock Market Today Video – October 10, 2019

Twitter:  @DanRusso_CMT

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