10-6-26 S&P 500 Breakout: Can New Highs Hold? | Before the Bell

The S&P 500 is on the cusp of breaking out to new all-time highs after the NASDAQ has already pushed into record territory. With futures pointing higher and momentum turning positive, the question now is whether the S&P 500 can break above resistance and, more importantly, hold those gains. The setup has several potential tailwinds. Earnings season is approaching, oil prices have retreated sharply from recent highs, and interest rates appear extremely extended and vulnerable to a retracement. Lower oil prices and easing Treasury yields could reduce inflation concerns and provide additional short-term support for stocks. But markets are also approaching overbought territory, oil is nearing significant support, and unresolved tensions involving Iran could quickly reverse the recent decline in crude. We examine the technical setup, what could drive the next move, and what investors should watch as the S&P 500 challenges record highs. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer --- Watch the Video version of this report on our YouTube channel: https://youtu.be/EBGstKJIJWo --- REGISTER for our next Dynamic Learning Series presentation, "More Than A Portfolio: Financial Planning Panel" https://streamyard.com/watch/tCqfFT6bMEBn --- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ --- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo --- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #SP500 #StockMarket #NASDAQ #EarningsSeason #MarketOutlook