Reply To: Traders Market Weekly: Algorithms, Jobs and Holiday Markets

#68137
Truman
Participant

Market Early
Dow 35353.49 -36.66 (-0.10%)
Nasdaq 14246.38 -4.48 (-0.03%)
SP 500 4553.35 -5.99 (-0.13%)
10-yr Note +2/32 4.43
NYSE Adv 990 Dec 1678 Vol 110 mln
Nasdaq Adv 1359 Dec 2371 Vol 1.11 bln

Industry Watch

Strong: real estate, consumer discretionary, consumer staples
Weak: energy, industrials, utilities, materials

Moving the Market
–Consolidation expectations after four straight weeks of gains

–Retail watch as holiday selling season goes into full swing

–October new home sales (-5.6% m/m to 679K) disappoint on affordability pressures