Stock Market Weekly update -Nov 30
The indexes all closed higher last week. The S&P500 was up every day, regaining all of the losses from prior weeks! Small-caps also saw a huge rally. NVDA however closed lower for a 4th week! And ORCL has been dropping for more than 7 weeks since its huge earnings rally, closing below the pre-rearnings level again. The VIX dumped from a high of around 28 the prior week, to close around 16.35. Crypto was up a bit, trying to recover from weeks of losses. S&P 500 had a miraculous week to save its monthly winning streak, now at 7 consecutive green months for the first time since 2021 SPX ...recovered almost 3 weeks of losses! VIX dumped! The week ahead: ISM & PMI, PCE Monthly Jobs report? Schwab Weekly Trader's Outlook Edward Jones recap The 10 year Interest rate -dropped slightly to 4.02% The Dollar - dropped below 100 to 99.48 Gold - rallied to $4218. Oil - up a bit to $58.47 Bitcoin - recovering to close around ...