Stocks are pointing lower to start the week as the stock market embarks on the last day of a very successful month. Investors are hoping that holiday sales will hold up as Black Friday and Cyber Monday kick off the holiday shopping season.
In today’s video, I discuss key investment themes and news, technical price levels and indicators on the major stock market indexes, as well as trending stocks and sector ETFs. Here’s a recap:
The major stock indexes continue to trade near all-time highs as we approach the final month of the year.
Gold prices are under pressure as the shiny metal nears a key price support level.
Crude Oil is breaking above price resistance, providing a boost to energy stocks.
The US Dollar is near year-long lows; where will the greenback find support?
Stock Market Today Video – November 30, 2020
Twitter: @DanRusso_CMT
Author may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
