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
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