November 22, 2017

The NightCap

Daily-Wrap

The Market: Stocks had another tough session following a second day where the Chinese market was halted.¬† Chinese officials have removed the circuit breaker restrictions for tomorrow’s session and traders appear to be preparing for a volatile session but it will be interesting to see if allowing the index to freely trade will ultimately help it bottom — even if only for the short-term. Another session where no Sector saw gains but the relative outperformers were Retail (XRT), which was helped by Wal-Mart (WMT) after gaining 2.3% on the session, and Monday’s leader Utilities (XLU). Along with what happens overnight…

S&P 500 holds 200 day SMA

Daily-Wrap

The Market: Sorry no comments tonight — traveling the remainder of this week.     ¬†Reporting EPS After the Close this week:   Reporting EPS Pre-Market this week:   Analyst Comments: