Market Update for Nov 25, 2019
In today's update:
1) Small Caps along with Technology and Healthcare stocks led the way as U.S. Equities hit fresh new highs. The Dow Jones Industrial Average gained 190.85 or 0.68%, the S&P 500 added 23.35 or 0.75% while the NASDAQ 100 closed higher by 112.60 or 1.32% and the Russell 2000 finished higher by 32.96 or 2.07%.
2) Crude Oil futures finished slightly higher while Gold Futures dropped $8.50 or 0.58%. The U.S. dollar and the Bond market traded higher while the yield on the 10-Year Treasury Note settled at 1.757%.
3) Equity markets continue to push higher and there are three sector ETFs that look poised for more gains. XLV (Healthcare ETF) just reached a new all-time high while XLK (Technology ETF) and XLB (Materials ETF) are very close to doing the same.
About the author
Vince Vora is the head trader at TradingWins.com. 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
