Three stocks are on my radar today in sectors that are leading the market...
The bond market is close to its two-month high and could continue higher if it breaks this level. This would mean lower interest rates and small rallies in the Nasdaq and Russell 2000. Momentum levels and the put/call ratio tell us that any potential rally would likely be limited.
The Energy sector has been leading the S&P 500 higher. Commodities tend to go higher when interest rates are low and money is cheap. Energy, basic Materials, Industrials and Real Estate sector stocks are leading the market.
Economic reports today include the Wholesale Inventories and EIA Petroleum Status reports. Investors await Thursday's big inflation data in the Consumer Price Index report.
In today's video, you'll discover whether the stock market is ripe for more upside… whether the bond market is breaking out again… which sectors to avoid… which sectors to buy… and the top 3 stocks for today.
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