This week’s Bespoke Report newsletter is now available for members.
The S&P 500 has been a bit top-heavy this month with the largest stocks in the index driving all of its October gains. We’ve seen interest rates start to push higher finally, which has helped Financials. The homebuilders have also extended gains even though mortgage rates have stopped going down. We’d be careful getting long the builders here given how overbought they’ve gotten. We cover everything else you need to know related to trends in financial markets in our weekly Bespoke Report. To read the Bespoke Report and access everything else Bespoke’s research platform has to offer, start a two-week free trial to one of our three membership levels. You won’t be disappointed!