Dow Jones and S&P 500 hit all-time highs and pull back
Technology-heavy QQQ underperforms, as semiconductor stocks weigh Technology Sector SPDR – XLK hits all-time highs Financials, Industrials, Energy and Materials achieve 52-week highs Utilities, Staples, and Real Estate offer an opportunity for a value investor Definite signs of an intermediate bottom in bonds Junk debt nears all-time highs again US Dollar pulls back from 13+ year highs to ease the overbought conditions Gold could bounce, should the Dollar at least trade sideways GDX holds support on 3 occasions with small bullish divergences Brent oil trades at 52-week highs, while West Texas Intermediate is close behind Rig count increases in response to higher oil prices Natural gas breaks out to fresh 52-week highs and closes the gap from 2014 Sugar touches the 200-day moving average Charts mentioned in this video can be accesson on our public charts page here: stockcharts.com/public/1229503 |
Watch this video on YouTube!
|