January 17, 2025

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today. 

Five Factors Leading Stocks Higher

Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).

Note the following:

• The chart shows that the market is now above the breakout line but below the micro resistance zone.
• The chart shows there is buying in the early trade.
• Bulls are buying aggressively in an attempt to break above the micro resistance zone.
• The buying in the early trade is being driven by the following five factors:
  • Bonds are leading stocks higher.