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- Nov 15th Stock Market Update - The market ends the week lower
Nov 15th Stock Market Update - The market ends the week lower
$HLT $CDW $BILL
Mukund Mohan
November 15, 2024
Market
“The Dow lost 0.6%, NASDAQ 2.3% and S&P500 lost 1.35%, ending the week on a down note after a strong close last week. Inflation numbers indicated the Fed won't cut rates aggressively” 😊 😋
This still feels like a trap, so I am not taking long positions yet. But all indices were higher
Covered most of my shorts, but this move up still feels like a trap, so I am not willing to take long positions yet. Will wait for better setup. The move by SMCI was terrific to the upside, as it was from Nvidia.
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