Yahoo Finance’s Jared Blikre joins the On The Move panel to discuss the latest market action.

Video Transcript

- Hi there. We got another 1,000 plus points on the Dow. Three days in a row here, we've had a pretty nice streak. That's better-- that's good for better than 5%. And we can also see the S&P 500 up nearly 5%, the NASDAQ up about 4%, and the Russell 2000 up over 5%.

But I want to go back to the S&P 500 and check out a candlestick chart here. Now, this comes from the all time high. And we can see we've definitively broken through this downward sloping trend line.

I do want to point out some resistance areas. We have 2,700. That comes about right in here. And also 2950, I think that is going to be very difficult to break if we do get up in that zone.

But let's also take a look at the CBOE VIX volatility index. We can see, coming down just a little bit, it's below 60 now. And the 10-year T-note yield, that is down about 4 basis points right now.

And then let's go to our heat map. This is going to be the Dow Jones. And we see two red, Walmart right in the center, down 1.7, Dow Inc in the lower right. But let's check out what's happened over the last three days.

Now, we've got Microsoft up 13% along with Apple, Visa here up 24%. Lots of outperformers, but a lot of these stocks that are up the most, especially energy, and cyclicals, financials, those are the ones that are getting-- are benefiting most from this rally.

And we can see that in the NASDAQ as well. This is over the last three days again. And if we sort by performance, we can see the airlines-- look at American Airlines in the upper left. That's up 66%. Julie.