Stock Market Today: US / China Trade News Phase One

Word of a potential “phase one” trade deal with China sent U.S. stocks higher on Thursday. China trade news has kept investors guessing for days so we’ll await final word…

The S&P 500, Nasdaq, and Dow Industrials hit new all-time highs. In today’s video we discuss this news, current themes, technical indicators, and stocks/sectors we like. Here’s a recap:

– Risk On Rally on Reports of the Signing of “Phase One” of the Trade Deal. China Trade News

– Relative Strength in Semiconductors Gains Steam

– High Beta vs Low Volatility Confirms Increased Risk-Taking in the Market

– Pharma Stocks Become Leadership in the Health Care Sector

Stock Market Today Video – December 12, 2019

VIDEO

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.