Market Report for Nov 29 2022
As per the weekly webinar, we were expecting to see some weakness coming into the new week and possibly into the following week too. The first Monday after Thanksgiving obliged as the Dow Jones Industrial Average fell 500 points. That is the biggest move down in 12 trading day for the index.
All the Indices we track fell between 1.4% – 2.10%.
We have Powell’s speech on Wednesday and NFP on Friday to look forward to.
As mentioned, we are managing some of our trades as we move into December.
Let’s go trade!