Stocks Struggle in Low-Volume Trading

Investors today took a wait-and-see approach

Josh Selway

Nov 6, 2019 at 4:27 PM

Stocks were little changed today during a low-volume session on Wall Street, as traders continue to await more clarity on trade talks. Reports circulated that the U.S. and China may not come to a trade agreement until December, and a number of Fed speeches were front and center, as well. The Dow held right below its all-time high for most of the day, but closed near breakeven, while the S&P 500 and Nasdaq also struggled.

Continue reading for more on today's market, including:

The big M&A buzz in homebuilding.
An energy stock that's set up to lose.
Why we're watching for an Activision Blizzard breakout.
Plus, Match Group moves lower; a healthcare stock to ride higher; and what to do with Skechers options.

The Dow Jones Industrial Average (DJI - 27,492.56) finished down 0.07 point. Procter & Gamble (PG) paced the 20 Dow winners with a 1.2% gain, while the worst of the 10 losers was Walgreens Boots Alliance (WBA), which fell 2.8%.

The S&P 500 Index (SPX - 3,076.78) gained 2.2 points, or 0.1%, and the Nasdaq Composite (IXIC - 8,410.63) slipped 24.1 points, or 0.3%.

The Cboe Volatility Index (VIX - 12.62) gave up 0.5 point, or 3.7%.

us stock market closing numbers nov 6

nyse and nasdaq stats nov 6

5 Items on Our Radar Today

Doctors have started a trial to look at gene-editing technology CRISPR for battling cancer. Early data looks mixed, and doctors plan on bringing in 15 additional patients for treatment. (MarketWatch)
Tesla (TSLA) CEO Elon Musk is making more promises, this time tweeting that the company's cybertruck will be unveiled on Nov. 21. Details about the vehicle have not been released. (TechCrunch)
Behind Match Group's negative earnings reaction.
Why this healthcare stock could go higher.
Pick up protective puts on Skechers.

corporate earnings nov 6

unusual options volume nov 6

Oil Dips as Gold Gets a Win

Today's larger-than-expected increase in domestic crude inventories hit oil prices. December crude futures fell 88 cents, or 1.5%, to end at $56.35 per barrel.

Gold prices rose today amid the tepid price action in equities. Gold for December delivery gained $9.40, or 0.6%, to end at $1,493.10 an ounce.

Follow @Schaeffers

The $25k Day Trading Barrier is Gone. It's Time to Put Your Capital to Work.

For years, the PDT rule put a major roadblock in front of active traders. The barrier is no longer standing in the way.

But having more freedom doesn't mean every trade is worth taking.

With Dynamite Day Trading Signals, you'll receive up to 2 options trade alerts per week, each targeting 50%+ gains in a single session.

NO holding positions overnight.

NO waiting weeks for a trade to develop.

Just focused options trades designed to capitalize on opportunities as they emerge.

👉 Get Access to Dynamite Day Trading Signals