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

#68184
Truman
Participant

Market Early Morning

Dow 35359.40 +25.93 (0.07%)
Nasdaq 14224.72 -16.31 (-0.11%)
SP 500 4546.56 -3.87 (-0.09%)
10-yr Note +2/32 4.38
NYSE Adv 1061 Dec 1603 Vol 105 mln
Nasdaq Adv 1359 Dec 2302 Vol 1.10 bln

Industry Watch
Strong: utilities, energy, consumer staples, materials, industrials
Weak: communication services, consumer discretionary, health care

Moving the Market
–Some buyer exhaustion following four straight weeks of gains

–Waiting on earnings reports after the close from CRWD, INTU, NTAP, HPE, and WDAY

–November Consumer Confidence Index checks in at 102.0 for November (consensus 100.0), up from downwardly revised 99.1 (from 102.6) for October