๐Ÿ“ˆ Stocks Have 4 Winning Days - Can This Rally Continue?

๐Ÿ“ˆ Stocks Have 4 Winning Days - Can This Rally Continue?

Author: Markus Heitkoetter November 16, 2023 Duration: 20:47

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 3ยฝ years, down 0.5% for the month

- Weekly jobless claims increase more than anticipated

- Walmart (WMT) and Macyโ€™s (M) reported earnings

- Cisco (CSCO) drops after offering weak guidance

- Microsoft (MSFT) is coming for Nvidia (NVDA), making itโ€™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 thereโ€™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.ย 

And for more stock market news,ย  visit our YouTube Channel: https://youtube.com/rockwelltrading2008

#todaysstockmarket #stockmarkettoday #stockmarket




Markus Heitkoetter brings you Daily Stock Market News, a concise and focused look at the forces moving the markets each day. Designed for busy people, this podcast cuts through the noise to deliver clear, actionable insights without requiring a huge time commitment. You'll hear analysis on key economic reports, earnings that surprised the street, and sector rotations that signal where smart money is flowing. The tone is straightforward and accessible, making complex topics understandable whether you're just starting to build a portfolio or actively managing your positions. Instead of hours of rambling commentary, episodes are crafted to be consumed quickly, giving you the core information needed to make informed decisions. Tune in for a daily dose of context that helps explain not just what happened, but why it matters for your investments. This isn't about hype or frantic predictions; it's a steady, reliable resource for anyone who wants to stay engaged with the financial landscape without it becoming a second job. Find your rhythm with this business and investing podcast, where clarity and efficiency are the priority.
Author: Language: en-us Episodes: 100

Daily Stock Market News
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