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- Nov 13th Stock Market Update - the sideways consolidation continues
Nov 13th Stock Market Update - the sideways consolidation continues
$KBH $COIN $V
Market
“The market moved sideways to slightly positive, in a move that traders refer to as sideways consolidation, which is not a bad thing at all, instead of a 5%-10% drop” 😊 😋
All 3 indices were moderately up on the day
Inflation came in slightly higher at 2.6% vs 2.4% last month, which is still in the range, giving stocks nothing worry about and keeping Dec rate cut of 0.25% still on the cards for the Fed.
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