@AlexWalker 8 hours ago
Can Stocks Keep Rising Despite Oil and Yields?
Can Stocks Keep Rising Despite Oil and Yields?
Stocks are coming off record highs, but today’s setup feels a lot less comfortable. The S&P 500 and Nasdaq hit records yesterday, while oil is back above $100 and Treasury yields remain elevated as the market waits for the Fed minutes.
I’m watching , and closely. Can stocks keep pushing higher with oil and yields working against them, or is a pullback becoming more likely?
@JacobFosterr 6 hours ago
I’m still bullish on the earnings backdrop, but higher oil and yields could make this rally much harder to sustain from here.
