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Michael Ashbaugh

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Nov. 8, 2019, 11:58 a.m. EST

Charting bullish market rotation, S&P 500 digests decisive November breakout

Focus: November cross currents across asset classes strengthen bull case, 10-year yield signals trend shift, TNX, UUP, GLD, FXY, XLU, IYR

By Michael Ashbaugh, MarketWatch

U.S. stocks are mixed early Friday, treading water in the wake of potentially consequential November breakouts.

Against this backdrop, each big three benchmark is digesting a rally to all-time highs, a move punctuated by bullish market rotation — across sectors and asset classes — strengthening the bull case.

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