Market Update for Nov 13, 2019

In today's update:

1) U.S. Equity markets closed mixed Wednesday as impeachment hearing and U.S. - China trade news have little to no impact. The Dow Jones Industrial Average gained 92.10 or 0.32%, the S&P 500 added 2.20 or 0.07% while the NASDAQ 100 closed lower by 3.99 or 0.05% and the Russell 2000 finished lower by 5.90 or 0.37%.

2) Crude Oil Futures advanced $0.44 or 0.77% while Gold Futures gained $10.90 or 0.75% and the U.S. dollar Index finished the day flat. The Bond market traded higher and the yield on the 10-Year Treasury Note settled at 1.882%.

3) Disney Company (DIS) launched their new Disney+ streaming service Tuesday and immediately received over 10 million sign-ups. This news sent the stock soaring $10.14 or 7.32% and is now trading at an all-time high.

About the author

Vince Vora is the head trader at Over the last three decades, he has been trading and refining his trading systems that are based on technical analysis and price action. Over the last few years, his focus has been on teaching people how to become better traders. His systems range from simple to sophisticated and can be used in any market conditions to trade stocks, options, futures and forex. By: TradingWins Team

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