Bulls hoping Black Friday Deals include stocks moving higher to the end of 2022. However, today's bullish move in the US dollar may spoil the party as the traditional bullish year-end clearance comes up short.
With all of the uncertainty and news, the mid-term might be an adequate way to define the current stage of the bear market which may only be halfway to its lows.
At the closing bell, we saw Disney earnings fall out and we'll be continuing to watch that through the evening into tomorrow morning - along with election results and the impact it could have on markets across the board.
The bond market continues to get annihilated. The S&P 500 continues to trade in the volatility box. The question on every trader's mind is - with the yield curve inverting and rates rising at what point does that break the market?
Call it "The Day After the Fed" as sell-side activity continued, and even intensified, in some leading technology stocks, some of which made another in a series of new lows of 2022.