Markets gapped down and were able to rally into positive territory before selling off into the close and ultimately closing lower. After last weeks big price advance a pause is to be expected. The Nasdaq put in an inside day on lighter volume while the S&P briefly poked its head above last Fridays high. Tomorrows PPI report premarket will be closely watched and could move the market either direction.
Daily Trading Plan - 11/14/2022
Daily Trading Plan - 11/14/2022
Daily Trading Plan - 11/14/2022
Markets gapped down and were able to rally into positive territory before selling off into the close and ultimately closing lower. After last weeks big price advance a pause is to be expected. The Nasdaq put in an inside day on lighter volume while the S&P briefly poked its head above last Fridays high. Tomorrows PPI report premarket will be closely watched and could move the market either direction.