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
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