The stock market may soon get much-needed support from a surprising source: U.S. President-elect Donald Trump’s low popularity rating. That’s because there is an inverse relationship between presidential approval ratings and the stock market,

Small-caps need to break above a key resistance level to signal more bullish momentum for stocks. Otherwise, it could signal broader weakness, BofA said.

Stocks closed out the week with a bang as Treasury yields retreated from recent highs. Optimism is swirling ahead of President-elect Donald Trump's inauguration on Monday, which also happens to be a stock market holiday. Indeed, both the equities and bond markets will be closed in observance of Martin Luther King Jr. Day.