Market Update for Nov 5, 2019

In today's update:

1) U.S. Equity markets finished the day little changed after another low-range, low-volume day on Wall Street. The Dow Jones Industrial Average gained 30.52 or 0.11%, the S&P 500 fell 3.65 where 0.12% while the Nasdaq 100 closed higher by 1.48 or 0.02% and the Russell 2000 finished higher by 2.21 or 0.14%.

2) Crude Oil Futures advanced $0.73 or 1.29% while Gold Futures fell sharply closing lower by $26.20 or 1.73%. The Bond market fell for the third straight session and the yield on the 10-Year Treasury Note settled at 1.862%.

3) Shares of Match Group Inc. (MTCH) are plunging in the after-hours trading session after the company reported better-than-expected third-quarter earnings but lowered the guidance for fourth-quarter revenue. Match parent IAC interactive Corp. (IAC) is also down sharply in after-hours trading.

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

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