Market Report for Nov 15 2022
The market has been on a steady incline for the past few weeks and it seemed the market had to pause and contemplate the next move it should make after eyeing up the resistance level just above at 4000.
Fed Governor Waller said “we’ve still got a ways to go” before stopping interest rate hikes. That seemed to stunt the bullish sentiment for the session.
PPI figures may spark some activity in the markets today.
NU which is a position we bought found strength after earnings.
Let’s go trade!