Market Outlook – 05/17/18 – Brandon Van Zee
The S&P 500® finished flat today. The intermediate posture continues to be strongly bullish. The Russell 2000® continues to be the big story as it went up 0.55% and hit another all-time high today. The Energy sector within the S&P 500 closed higher for the 10th straight day. Oil prices remain robust, despite the strong U.S. Dollar leading to weakness in many other commodities. The 10 year U.S. Treasury yield closed above 3.10% and is at the highest level since 2011.
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05/17/18 - View today's #MarketOutlook from @Market_Scholars here: https://t.co/a6YVhZDmSu Discussed: $SPY $DIA $QQQ $IWM $TNX $VIX $SPX $USO $GLD $CSCO $RUT $XLE $EWW #BritainStrong #royalwedding $EWU $BA— Brandon Van Zee ?? (@BrandonVanZee) May 17, 2018
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