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.

What industries have driven the market rally since early October?

Which companies accounted for roughly 70% of the gains in the market?

What is significant about the market capitalization of Microsoft and Apple combined?

What does the VIX level indicate about market volatility?

How many straight days has the S&P 500 gone without back-to-back declines?