Important Stocks To Watch - Breakout Stocks
Daily US Stock Market Analysis Oct 3 2017 Tuesday
As expected Dow and the other indexes continue to be run by the bulls. Oil and Gold on the other hand have some sell off. This usually happens when the Dow Jones and other main indexes are rising. The rising USD is also causing some problems for commodities as well. With the month of October and November usually being very good for USD we can expect it to benefit the markets that are correlated to it while causing problems with markets that are inverse to it.
Let's take a look at the charts below and see what they are telling us.
Chart courtesy of stockcharts.com
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