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? Stocks Have 4 Winning Days - Can This Rally Continue?

? Stocks Have 4 Winning Days - Can This Rally Continue?

FromDaily Stock Market News


? Stocks Have 4 Winning Days - Can This Rally Continue?

FromDaily Stock Market News

ratings:
Length:
21 minutes
Released:
Nov 16, 2023
Format:
Podcast episode

Description

Here's what is happening in the markets today, Thursday, November 16th
- Stocks have 4 consecutive winning days
- PPI Inflation data for October posted their biggest decline in 3½ years, down 0.5% for the month
- Weekly jobless claims increase more than anticipated
- Walmart (WMT) and Macy’s (M) reported earnings
- Cisco (CSCO) drops after offering weak guidance
- Microsoft (MSFT) is coming for Nvidia (NVDA), making it’s first chip for AI
- Crude Oil is falling
- Stocks are having a great month: The S&P 500 is up 7.2% and the Nasdaq is up 9.7%
- Goldman Sachs thinks there’s virtually no chance of a recession in 2024
PLUS: How we trade these markets and our current positions
This wraps up today's stock market news.
If you enjoyed the "Stock Market Today" episode, make sure to subscribe to this podcast. 
And for more stock market news,  visit our YouTube Channel: https://youtube.com/rockwelltrading2008
#todaysstockmarket #stockmarkettoday #stockmarket
Released:
Nov 16, 2023
Format:
Podcast episode

Titles in the series (100)

Whether you're a novice trader or an experienced investor, the Daily Stock Market News podcast will keep you ahead of what's going on in the financial world. This show is dedicated to providing investors with high-quality content that can be consumed in just a few minutes, so it won't waste your time and give you the information you need.