Market Update for December 11, 2018
In Today's Update:
1) Traders and investors are still very concerned over the lack of a trade deal with China and today was a perfect example as stocks gave up earlier gains to close mostly lower. The Dow Jones Industrial Average dropped 53.02 or 0.22%, the S&P 500 fell 0.94 or 0.04% while the Nasdaq 100 closed higher by 11.31 or 0.16% and the Russell 2000 finished lower by 2.96 or 0.21%.
2) Crude Oil Futures advanced gaining $0.96 or 1.88% while Gold Futures edged lower dropping $1.00 or 0.08%. The Bond market dropped slightly and the yield on the 10-year treasury note finished the day at 2.879%.
3) Whenever we enter a period of increased volatility for the Equity markets it's usually because of fear or uncertainty. This time around it appears to be both, but regardless, it is a very tricky market to trade. In today's video, we will explore a couple of different options for traders and investors.