Adjustment

Last night, the stock market went up at first after the announcement of the nomination of Powell, but turned back. DJIA still rose by 17.27 points, but it has been adjusted since the 36,567 on 8th Nov. This small wave has been lasting for 12 days. Nasdaq still in the rising trend since 4th Oct and it is leading the market.Nasdaq slightly dropped under the 10-SMA, S&P still above the 10-SMA. Therefore 3 indices have 3 different situations. So in this stage, better aim at individual stocks than the indexes.

Adjustment

US Stock Express 3 3

Last night, the stock market went up at first after the announcement of the nomination of Powell, but turned back. DJIA still rose by 17.27 points, but it has been adjusted since the 36,567 on 8th Nov. This small wave has been lasting for 12 days. Nasdaq still in the rising trend since 4th Oct and it is leading the market.

Nasdaq slightly dropped under the 10-SMA, S&P still above the 10-SMA. Therefore 3 indices have 3 different situations. So in this stage, better aim at individual stocks than the indexes.

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