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Market Update - Nov. 13, 2020

Posted by Daniel Iuculano on November 14, 2020 - 2:20pm


Market Update

Market conditions are Bullish in a Bull Market as of 2020-11-13. This means traders and investors should consider trading with a Bullish bias by buying (going long) stocks, long ETF's or Call Options.

The Dow Jones Industrial Average closed at 29,479.81, up 399.64 or 1.37%. S&P 500 closed at 3,585.15 up 48.14 or 1.36%. Nasdaq Composite closed at 11,829.29 up 119.70 or 1.02%.

The Momentum Indicator is currently indicating a bullish trend in stocks.

The Sentiment Indicator is currently indicating the sentiment in the stock market is showing high complacency. Risk of a long term trend reversal is low.

 

Dan

Caleb Mpamei Thanks for the information.
November 14, 2020 at 3:16pm
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