Stocks are holding the gains and attempting to consolidate. The clear leader of the rally off the crash lows is Technology.
Other areas like Financials and industrials continue to lag. In today’s video, we discuss current investing themes and news and take a deep dive into sector leadership and potential rotation. Here’s a recap:
– Mixed Session for Equities Sees Further Leadership by the Nasdaq 100 (QQQ)
– Technology Remains Strong Leadership While Health Care Waivers
– Financials and Industrials Make New Relative Lows
– Watching Short-Term Rates as Powell Set to Speak Tomorrow
Stock Market Today Video – May 12, 2020
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.
