Many Stock Market Sectors Battle for First Place but Will Bonds Win?
Chris joins Nicole Petallides today on TD Ameritrade Network’s “The Watch List” to discuss the huge pop in the stock market, precious metals and what it means for the near future. Two factors are contributing to this recent surge: (1) we typically see a strong rally after a presidential election; and (2) it is the strongest time of the year for stocks according to historical market seasonality with Black Friday and holidays right around the corner. Many sectors are battling for first place with clean energy ETF’s leading the way but oil services is also breaking out today and may have found a bottom. However, when bonds are gaining at the same time as the market this signals that fear of the unknown is still growing among investors. Watch our interview to learn more.
CLICK ON THE IMAGE BELOW TO VIEW THE VIDEO
