Wall Street Logs 4th Consecutive Weekly Win

Bullish investor sentiment is at a four-month high

Deputy Editor
Nov 24, 2023 at 1:32 PM
facebook X logo linkedin


Wall Street was mixed Friday, but all three major benchmarks managed to close the holiday-shortened week with their fourth-straight weekly win. The Dow escaped today's sour sentiment, adding 117 points, while the S&P 500 and Nasdaq ended flat.

According to the latest survey from the American Association of Individual Investors (AAII), individual investor bullishness rose for a third week and hit a four-month high. Bearishness, meanwhile, hit a four-month low, while the Cboe Volatility Index (VIX) turned in its fifth consecutive weekly loss.

  • EU like to approve Amazon's big acquisition.
  • Expansion plans boost pharma stock.
  • Plus, oil stock for bulls; Wall Street's rally; and next week's news.
 

indexesnov24nysenov24

5 Things to Know Today

    1. NFL's Black Friday game between the Miami Dolphins and New York Jets marks a major shift from traditional TV viewing. (CNBC)
    2. Hamas released the first batch of hostages, including 13 Israelis, amid a ceasefire deal that began Friday. (MarketWatch)
    3. It's time to bet on this oil stock.
    4. Behind Wall Street's rebound.
    5. What next week has in store.

    There were no earnings of note today.

    Due to shortened session, we are unable to provide the unusual options volume chart today. We apologize for the inconvenience. 

    Oil Readies for 1st Weekly Win in 5

    Oil prices were last seen moving higher, as investors speculated on the likelihood that Organization of the Petroleum Exporting Countries and its Allies (OPEC+) would agree to further production cuts. At last glance, West Texas Intermediate (WTI) was down 74 cents, or 1%, at $76.36 a barrel, but on track for its first weekly rise in five.

    Meanwhile, gold prices popped back above the $2,000 level, heading for their second consecutive weekly win as the greenback falls and investors bet on an end to the Fed's interest rate-hiking cycle. As of this writing, gold was up $8.10, or 0.4%, eyeing a close of $2,000.90 an ounce for the day.

     

    Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

    This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

    On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

    Start targeting gains like the ones our subscribers have seen recently, including:

    213.3% GAIN on AutoNation calls
    100.0% GAIN on Monster Beverage calls
    100.4% GAIN on Walgreens Boots Alliance puts
    100.4% GAIN on ON Semiconductor calls
    257.7% GAIN on Dell calls

    101.0% GAIN on Apollo Global Management calls
    103.6% GAIN on JP Morgan  Chase calls
    105.3% GAIN on DraftKings calls
    101.3% GAIN on Airbnb calls
    203.0% GAIN on Shopify calls
    102.0% GAIN on Cboe Global Markets calls
    100.9% GAIN on Boeing calls
    102.1% GAIN on Microsoft puts
    102.3% GAIN on First Solar calls
    101.5% GAIN on PulteGroup calls
    101.0% GAIN on Apple calls
    209.4% GAIN on NXP Semiconductors calls
    100.8% GAIN on Uber Technologies calls
    100.4% GAIN on Academy Sports and Outdoors puts
    102.2% GAIN on Trade Desk calls
    100.8% GAIN on DoorDash calls
    100.0% GAIN on Camping World Holdings puts
    100.0% GAIN on Cboe Global Markets calls
    100.2% GAIN on C3.ai calls
    238.5% GAIN on Oracle calls

     
     
     


     
     

    Rainmaker Ads CGI