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Stocks Are Hanging Near Highs, But Bonds Are Flashing Warning Signs
By Gianni Di Poce
The tape is still mixed. Tech-sector stocks and cryptocurrency look good - I like it - and they could well lead stocks to new all-time highs in the weeks ahead.
Utility stocks seem to have snuffed out any strength in bonds, and if rates keep falling, we could see a boost in the two worst-performing S&P 500 sectors this year: real estate and consumer discretionaries. A nice comeback there wouldn’t surprise me.
Energy-sector stocks and bonds do not look good, though. There’s an ominous warning there, and we’ll talk about that and more right now…
TheoTrade Daily Chatroom Schedule for Wednesday, June 4, 2024
9:20 AM to 10:30 AM: I’ll be getting us ready for the opening bell
10:30 AM to 11:30 AM: Professor Jeff Bierman
11:30 AM to 12:30 PM: Blake Young
12:30 PM to 1:15 PM: Gianni Di Poce
1:15 PM to 2:00 PM: Brandon Chapman
2:00 PM to 3:00 PM: Tony Rago
3:00 PM to 4:00 PM: Corey Rosenbloom
Blake Young Is Building a $100,000 Retirement Portfolio - And Showing Everyone How
To get everyone in the audience started on the road, he’s made up a list of 103 tickers - stocks, ETFs, and more - essential to building retirement wealth fast. This is real hands-on trading and investing, and so far it’s done 100% better than the S&P 500 this year.
We’ll talk again soon,
Don Kaufman
Co-Founder, TheoTrade