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

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

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



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