Stock Market Weekly update -Nov 16
The market dropped for a 3rd week, tho it recovered a bit on Friday, just as it did the prior week! The AI bubble could be near exhaustion here. Small-caps again dropped & this time closed below the huge drop we saw on 10/10. Crypto had another big drop for the week, with BTC dropping below 100k to around 95k. Gold rallied! The government shutdown finally ended last week, the CPI report was cancelled, while new odds of a Fed rate cut in December dropped quite a bit. This week we get Nvidia's earnings report on Wednesday, along with some of the big Retailers. The week ahead: NVDA earnings Earnings -6th week/ winding down NFLX 10:1 stock split Options Expiration for November Schwab Weekly Trader's Outlook Edward Jones recap The 10 year Interest rate -up a bit to 4.15% The Dollar - flat/down slightly to 99.27 Gold - rallied to around $4082. Oil - flat at around $59.94 Bitcoin - dumped to around 95k National debt $38.2 Trillion ...


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