New Highs Follow Through On “Fibonacci Day”
Image Source: Unsplash
Tech stocks continue to lead the market higher - a bullish sign given the sector’s tendency to lead.
But there’s a setup I’ve been talking about lately; it’s beginning to taking shape and could be even more bullish for the foreseeable future.
There’s a global flight to safety underway right now. The world’s investors are taking refuge in dollar-denominated assets, seeking the integrity and stability of American markets.
That’s all but certain to push us higher… until it doesn’t.
Here’s what to do about it…
Video Length: 00:09:33
More By This Author:
Stocks And The VIX Rise Ahead Of A Week Of Fedspeak
The Market Is A Story Of “Big Tech Vs The S&P 500”
Oil Slips Lower as Electric Utilities Power Up
Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, ...
more
Comments
