Stock Market Weekly update -Dec 1
The SPX rallied for another week closing over 6000 (near 6032). The DOW and Russell2000 closed at all time highs (first time for the Russell since 2021). Long term Interest rates dropped, and so did the Dollar. NVDA dropped for a 2nd week after reporting earnings. WMT continued to rally like a tech stock! This week: Schwab Weekly Trader's Outlook The 10 year Interest rate -dropped to 4.17% The Dollar -dropped after rallying for 8 weeks: 105.78 Gold - somewhat flat $26.50 Oil -dropped to 68.30 Bitcoin/Crypto : - dropped & recovered to around 96k! , New all time Highs : APPL, BK, MA, SYF, KKR, NDAQ, RKLB, BJ, WMT, SFM, AJG, MMC, MAR ALL time Lows : – Pops & Drops/5 day movers :, - Pops: ACHR, QUBT, OPEN, HIMS, JOBY Drops - SAVA Earnings movers : ... popped. dropped,, Percent of S&P 500 stocks above the 50 day Moving A...