Schaeffer's Top Stock Picks for '25

Stocks Correct Course With Solid Wins

The S&P 500 and Nasdaq were rangebound for most of the afternoon

Managing Editor
Nov 28, 2023 at 4:29 PM
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The Dow righted the ship today with a solid win, finishing in the black for the third time in the last four sessions. The S&P 500 and Nasdaq joined the blue-chip index in the win column, despite trading flat for most of the day. As Wall Street unpacked encouraging consumer confidence data, all eyes now turn to the revised third-quarter gross domestic product (GDP) reading due out tomorrow.

  • Why these cybersecurity stocks are in focus.
  • Chip stock stumbles from all-time highs.
  • Plus, a Dow stock upgraded; GameStop's options frenzy; and the options edge.
 

Closing Index Summary November 282023

NYSE and Nasdaq Stat November 282023

5 Things to Know Today

    1. U.S. home prices are up for the seventh month in a row. (MarketWatch)
    2. 2024 Republican nominee Nikki Haley has a new benefactor. (Reuters)
    3. Boeing stock stays hot after upgrade.
    4. Meme stock a call trader target today.
    5. Stock trading vs. options trading: the differences.

    Earnings November 282023

    Unusual Options Activity November 282023

    Gold Stays Hot, Oil Snaps Skid

    Oil prices rose slightly today to snap a four-day skid. West Texas Intermediate (WTI) added 51 cents, or 0.7%, at $75.37 a barrel.

    Meanwhile, gold prices strung together a fourth-straight win, buoyed by a falling dollar and optimism over an ending rate hike cycle from the Fed. As of this writing, gold was up $1.47 to settle at $2,042.00 an ounce.

     
     

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