What’s Behind the Rally as Markets Push to Record Highs?

The video discusses the longest weekly market streak since 2017, with major benchmarks like the SNP, NASDAQ, and Dow reaching record highs. Since early October, cyclical industries such as industrials, financials, tech, and healthcare have driven the rally, while safety trades have underperformed. The Dow has risen from 26,000 to over 28,000, with United Health, Apple, and Caterpillar accounting for 70% of the gains. Microsoft and Apple now have a combined market cap exceeding the Russell 2000. The market has been stable, with the VIX anchored around 12 and the S&P 500 experiencing 29 days without back-to-back declines, the longest streak since 2005.

Which industries have been the main drivers of the market rally since early October?

• Telecommunications and Retail

• Consumer Goods and Energy

• Industrials, Financials, and Tech

• Utilities and Real Estate

Which three companies accounted for roughly 70% of the Dow's gains?

• Google, Amazon, and Tesla

• United Health, Apple, and Caterpillar

• Facebook, Netflix, and Microsoft

• IBM, Intel, and Cisco

What is notable about the combined market cap of Microsoft and Apple?

• It is more than the entire Dow

• It is equal to the entire S&P 500

• It surpasses the entire Russell 2000

• It is less than the entire NASDAQ

What is the significance of the VIX being anchored closely to the 12 level?

• It predicts a market crash

• It shows a declining market trend

• It suggests a calm market environment

• It indicates high market volatility

How long has the S&P 500 gone without back-to-back declines?

• 45 days

• 15 days

• 60 days

• 29 days