Mid-Morning Look: November 28, 2022

Mid-Morning Look Monday, November 28, 2022 Index Up/Down % Last   DJ Industrials -186.24 0.54% 34,160 S&P 500 -29.43 0.73% 3,996 Nasdaq -86.19 0.77% 11,140 Russell 2000 -14.40 0.77% 1,854     U.S. stocks start the trading week lower, with futures falling overnight after protests erupted against China’s Covid Zero strategy in one of the most significant challenges to Communist … Read More

Morning Preview: November 28, 2022

Early Look Monday, November 28, 2022 Futures Up/Down % Last Dow -213.00 0.62% 34,143 S&P 500 -35.25 0.87% 3,997 Nasdaq -112.50 0.95% 11,670     U.S. stock-index futures sink overnight as Asian markets fell following widespread public demonstrations in China and as oil prices hit a 2022 low. Note the S&P500 has been down on the Monday following Thanksgiving about … Read More

Market Review: November 25, 2022

Closing Recap Friday, November 25, 2022 Index Up/Down % Last DJ Industrials 153.04 0.45% 34,347 S&P 500 -1.02 0.03% 4,026 Nasdaq -58.96 0.52% 11,226 Russell 2000 5.67 0.31% 1,869   Equity Market Recap ·     As expected, markets were very quiet after the Thanksgiving Day holiday on light volume and narrow trading ranges. Today may have been quiet, with little to no … Read More

Morning Preview: November 25, 2022

Early Look Friday, November 25, 2022 Futures Up/Down % Last Dow 58.00 0.17% 34,369 S&P 500 4.25 0.12% 4,037 Nasdaq -14.50 0.12% 11,848     U.S. stocks hold steady in thin holiday trading overnight with S&P futures rising +0.15% to 4,040, middle of its overnight range (4,049.25 and lows 4,032.25) ahead of Black Friday shopping, a big day for US … Read More

Market Review: November 23, 2022

Closing Recap Wednesday, November 23, 2022 Index Up/Down % Last DJ Industrials 97.01 0.28% 34,195 S&P 500 23.89 0.60% 4,027 Nasdaq 110.91 0.99% 11,285 Russell 2000 3.08 0.17% 1,863   Equity Market Recap ·     Modestly softer economic data gave US equities an early boost, but both the S&P and NASDAQ slipped back to neutral territory by mid-day with little other news … Read More

Mid-Morning Look: November 23, 2022

Mid-Morning Look Wednesday, November 23, 2022 Index Up/Down % Last   DJ Industrials 90.33 0.26% 34,188 S&P 500 22.84 0.57% 4,026 Nasdaq 115.47 1.03% 11,289 Russell 2000 3.53 0.19% 1,863     U.S. stocks in rally mode ahead of the Thanksgiving Day holiday, rising on light volume as stocks “squeeze” higher with the S&P 500 at more than 2-month highs. … Read More

Morning Preview: November 23, 2022

Early Look Wednesday, November 23, 2022 Futures Up/Down % Last Dow 18.00 0.05% 34,144 S&P 500 3.25 0.10% 4,014 Nasdaq 15.50 0.13% 11,770     U.S futures are slightly higher, adding to 2-month highs for the S&P on light volume overnight ahead of the Thanksgiving Day holiday tomorrow where markets will be closed in the US. A busy day of … Read More

Market Review: November 22, 2022

Closing Recap Tuesday, November 22, 2022 Index Up/Down % Last DJ Industrials 397.75 1.18% 34,098 S&P 500 53.69 1.36% 4,003 Nasdaq 149.90 1.36% 11,174 Russell 2000 21.30 1.16% 1,860   Equity Market Recap ·     Stocks “melted” higher on light volumes alongside light macro news and slowing earnings into the Thanksgiving Day holiday as major averages finished at their best levels of … Read More

Mid-Morning Look: November 22, 2022

Mid-Morning Look Tuesday, November 22, 2022 Index Up/Down % Last   DJ Industrials 266.31 0.79% 33,966 S&P 500 25.31 0.64% 3,975 Nasdaq 30.67 0.28% 11,055 Russell 2000 11.91 0.65% 1,851     U.S. stocks open higher, fade quickly, but quickly regain momentum, led by strength in Energy, Industrials, Materials, and Financials while Technology and Discretionary lag. Volumes are expected to … Read More

Morning Preview: November 22, 2022

Early Look Tuesday, November 22, 2022 Futures Up/Down % Last Dow 21.00 0.06% 33,756 S&P 500 1.25 0.04% 3,959 Nasdaq -5.50 0.05% 11,582     U.S. futures are edging higher in narrow trading heading into the Thanksgiving Day holiday Thursday (markets closed), with major averages stuck in a 100-point range roughly for almost 2-weeks now (3,900-4,000 for the S&P). In … Read More