Positive Signals Supporting Dow 20,000: Purves

The video discusses the power of economic narratives, particularly the Dow 20,000, and their portrayal in the media. It highlights the importance of technical signals and market performance across various sectors. The discussion includes an analysis of the put call skew in the S&P 500, indicating rare bullish sentiment. Despite higher political risks and bond yields, the options market remains bullish. Factors such as foreign inflows and earnings season are also considered in the market's current state.

How does the speaker perceive the media's portrayal of the 20,000 Dow narrative?

What are the important technical signals mentioned in the discussion?

What does the speaker suggest about the performance of small caps and financials?

What is the significance of the put call skew mentioned in the discussion?

What factors are influencing the options market according to the speaker?