Stock Market Analysis Latest – The best week for stocks in 2023 – November 03, 2023
Welcome back everyone to Stock Market Weekly Episode #704 for Friday, November 03, 2023 where we will be breaking down the most important trends, price action, and noteworthy moves across financial markets.
As always, we will share extensive analytics on the S&P500 (SPX), Nasdaq 100 (NDX), Russell 2000 (RUT), and current volatility environments.
In this week’s episode:
- 10-year yield plummets 30bps to 4.55
- Powell sounding satisfied, perhaps even dovish
- Friday job growth shows slowing
- Apple earnings a big nothing
- Russell 2000 rips off 3 year-lows
- US Dollar breakdown
Markets covered: VIX UUP UNG
Stocks covered: NVDA ARKK ARKW
We hope that you enjoyed this week’s episode!
Thanks to our sponsor Investor’s Business Daily for allowing us to showcase some of their data tables in this video. To get access to IBD’s complete Industry Ranks list, sign up here.