Wall Street Heads for 4th-Straight Weekly Win

Retail earnings were fully in focus

Deputy Editor
Nov 24, 2023 at 11:00 AM
facebook X logo linkedin

Wall Street's week was short, with the Thanksgiving holiday and Black Friday muting trading, but there was still plenty to unpack. The technology sector helped the Nasdaq Composite (IXIC) and S&P 500 Index (SPX) log five-straight wins by Monday's close, while blue-chip earnings boosted the Dow Jones Industrial Average (DJIA). Meeting Minutes from the Federal Reserve, however, brought Wall Street's momentum to a halt. The Dow went on to snag a triple-digit win, however, alongside solid gains from the SPX and IXIC on Wednesday. As of Friday morning, stock futures were modestly higher to start a shortened session, as the major benchmarks paced for their fourth-straight winning week.

Retail Earnings Before Holiday Shopping

With the unofficial start of the holiday-shopping season here, retail stocks were firmly in focus. Urban Outfitters (URBN) eyed its worst day since May 2022 after its current-quarter forecast missed expectations. Sector peers American Eagle Outfitters (AEO) and Dick's Sporting Goods (DKS) also stepped into the earnings confessional and made outsized gains. Kohl's (KSS) stock staged a dramatic post-earnings move, while semiconductor firm Nvidia (NVDA) beat third-quarter estimates.


The Holiday Shopping Season is Here

This short week marks the Black Friday holiday. Plenty of retail earnings are due out alongside updates from the Federal Reserve. Plus, here's a list of stocks to watch during Black Friday, and what sideline cash will do for Wall Street's rally.


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