Share:

S&P 500 kept modestly grinding higher during these low volume days, and bullish sectoral composition Wednesday – leading tech with communications (great moves in both sectors) followed by financials with industrials, pave the way for today‘s services and manufacturing PMI – clients of both daily publications and our intraday channel, have been and are ready, and that means incl. the fine position sizing moves I present in both Trading and Stock Signals.

As well as late Wed in our intraday channel, today has brought some fine moves in both ES and DAX. Ready for more (see the rich chart section) – I hope you had a great Thanksgiving!

Let‘s move right into the charts – today‘s full scale article contains 5 of them, featuring S&P 500, DELL, yields, precious metals and oil.

Stocks and sectors

Chart

DELL has arguably taken leadership from NVDA, in a way AMD is playing catch up following NVDA earnings. MSFT aksi keeps looking well, and benefit from the Altmann saga. Tech as a sector is to keep doing well, the more yields start again retreating – leader together with communications.

Gold, Silver and Miners

Chart

Precious metals are still a clear buy here, and in the premium channel for Trading Signals clients, I reiterated that call just when the upswing started to develop – anyway, the picture was clear following Wednesday, see the caption.

Share: Feed news

All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice. Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make. Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.

Follow us on Telegram

Stay updated of all the news

Join Telegram

Recommended Content


Follow us on Telegram

Stay updated of all the news

Join Telegram

Recommended Content

Editors’ Picks

AUD/USD extends losses toward 0.6500 after softer Australian CPI data

AUD/USD extends losses toward 0.6500 after softer Australian CPI data

AUD/USD is extending losses toward 0.6500  in Asian trading on Wednesday. The Aussie pair is undermined by softer-than-expected Australian monthly CPI inflation data, which fans RBA rate cuts bets. Meanwhile, the US Dollar is building on its recovery amid cautious markets. 

AUD/USD News

EUR/USD grinds lower toward 1.0800 as USD extends recovery

EUR/USD grinds lower toward 1.0800 as USD extends recovery

EUR/USD is grinding lower toward 1.0800 in early European morning on Wednesday. The extended recovery in the US Dollar amid a deterioration in risk sentiment is weighing on the pair, as the focus shifts to a data-packed day ahead. 

EUR/USD News

Gold price remains confined in a range as traders await US inflation data on Thursday

Gold price remains confined in a range as traders await US inflation data on Thursday

Gold price (XAU/USD) edges higher during the Asian session on Wednesday and for now, seems to have stalled the previous day's modest pullback from the $2,040-$2,042 resistance. 

Gold News

Bitcoin price extends gains as capital inflows near all-time highs

Bitcoin price extends gains as capital inflows near all-time highs

Bitcoin (BTC) price remains northbound, a status that was invigorated by Monday reports on MicroStrategy and BlackRock. With growing optimism in the market, the risk appetite for investors is also proving elastic. 

Read more

Twiddling thumbs ahead of a US data barrage

Twiddling thumbs ahead of a US data barrage

Traders are keenly aware that the recent components of the Consumer Price Index (CPI) and Producer Price Index (PPI) have influenced the Personal Consumption Expenditures (PCE), and it is unlikely that they will receive an inflation print below the Federal Reserve's target rate.

Read more

Majors

Cryptocurrencies

Signatures