Taking Stock - Week of November 29, 2021

 Monday, November 29, 2021

Green Arrow Up

SP500 at the close  ---   4,655.27   +60.65 (+1.32%)

DJI30    ---  35,135.94   +236.60 (+0.68%)

 NASDAQ   ---   15,782.83+291.18 (+1.88%)

Russell 2000   ---   2,241.98.  -3.96 (-0.18%)

The SP500 opened up 34 points, had a slight mid-morning slump, and hit the hi, up 78 after 1:00, From there it slid into the close, for a substantial gain.

The DJI 30 opened up 118 points, gave it all back before 11:00, It rose to the day's hi, up 389 after 1:00, then slid into the close for a reasonable gain. 

The NASDAQ opened up 228 points, and slid back a little until after 10:30. It reached the hi, up 341 after 1:00, then slid into the close for the day's largest gain.

The Russell 2000 opened positive, but slumped into the red mid-morning and again at the end of the day. It finished with a small loss.

This was a nice recovery for all except the Russell – and most especially for the NASDAQ.  Who knows where we go from here?

Tuesday, November 29, 2021

Red Arrow Down

SP500 at the close  ---  4,567.00.  -88.27 (-1.90%)

DJI30    ---  34,483.72.  -652.22 (-1.86%)

 NASDAQ   ---   15,537.69.  -245.14 (-1.55%)

Russell 2000   ---   2,198.91.  -43.07 (-1.92%)

The SP500 opened off 15 points, and fell until about mid-day.  After that, it was mostly sideways, ending with a substantial loss.  It is right at its 55 day EM\A.

The DJI30 opened off 79 points, and followed a similar path, ending with a substantial loss.  Itis now under its 144 day EMA.

The NASDAQ  opened off 66 points, and also followed a similar path, ending with a substantial loss, though a bit less than the other indexes.

The Russell 2000 opened off 5 pints, and also followed a similar path, ending with a substantial loss. It's 52 points under its 144 day EMA.