US Capital Markets Review 11/30/18

in #stocks5 years ago

This week was a good one for the US capital markets, as all major indicies advanced. The best performer was the Nasdaq at +5.6%, followed by the Dow at +5.2%, and S&P 500 at +4.9%. The strong week put a couple of the major indicies back the black for 2018.

2E04DD6C-A1D1-430C-BEBB-CC4022AC1302.jpeg

Large cap stocks outperformed small cap stocks, and growth stocks edged out value stocks for the week. In terms of sector performance, consumer discretionary was the winner at +6.4%, followed closely by information technology and health care at +6.1% and +5.9%, respectively, for the week. Gold was flat for the week, and closed at $1,222. Silver was down slightly for the week and closed at $14.15. Oil halted its slide by posting a small gain of +0.6% for the week, and closing at $50.75 per barrel (West Texas Intermediate). The VIX (fear index) retreated -16%, but is still up +64% for the year.

In economic and political news, more signs of a weakening housing market came out as pending home sales and home prices were down again. This is a leading indicator and could spell more pain ahead for investors. The trade deficit got bigger by 1.3% for the last quarter, jobless claims ticked up and household income rose by +0.5% for October. The G-20 summit began on Friday in Buenos Aires, and the market got a late bump on Friday as trade talk seems to be getting more productive between the US and China. New revelations and insights in the Mueller probe also came to light, sparking additional fears of deception by President Trump and potential uncertainty additional legal issues would cause for the US capital markets.

Cryptocurrencies did a little better for the week after last weeks route. Bitcoin was up +9.7% for the week, currently at $4,150. Steem was up +14.7% and is currently at $0.39. EOS didn’t fare as well, and fell -9.2% for the week, currently at $2.95.

Overall, the US capital markets had a better week, but many investors are asking if they should be taking a little risk off the table given the currently high valuations and potential market speed bumps ahead.

Good luck,
Brian

Sort:  

Such a valuable market analysis. After all this week have a normal position but still not a healthy position. Crypto market is still struggling. Hope beginning of 2019 will be something great for us.

Welcome.
I am a Fish-bot that supports fishing posts.
Thank you for publishing the post and use of the myhuntingfishing,fishing or pl-wedkarstwo tag, which I rewarded with "upvote".
If you care about the development of this bot, all you need is to like this comment, and the power of this fish-bot will grow. Thank you
Witaj.
Jestem Rybo-botem wspierającym tag pl-wedkarstwo i myhuntingfishing
Dziękuje Ci za opublikowanie posta i użycia tagu pl-wedkarstwo lub myhuntingfishing oraz fishing, który nagrodziłem "upvoutem". Jeśli będzie Ci zależało na rozwoju tego rybo-bota wystarczy byś w rewanżu "upwoutował" czyli polubił ten komentarz a moc tego rybo-bota będzie rosła. Dziękuje
Добро пожаловать
Я рыба-бот, который поддерживает рыболовные посты.Спасибо за Ваше сообщение и использование тегов pl-wedkarstwo, fishing или myhuntingfishing который является наградой «upvoutem ». Если вы заботитесь о развитии этого рыцаря, все, что вам нужно сделать, это «взволноваться» в матче-реванше, то есть, как этот комментарий, и сила этого fisboot будет увеличиваться. спасибо

977ed90d51b801891e07b99740d68a9e.gif

To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvoting this reply.

Welcome.
I am a Fish-bot that supports fishing posts.
Thank you for publishing the post and use of the myhuntingfishing,fishing or pl-wedkarstwo tag, which I rewarded with "upvote".
If you care about the development of this bot, all you need is to like this comment, and the power of this fish-bot will grow. Thank you
Witaj.
Jestem Rybo-botem wspierającym tag pl-wedkarstwo i myhuntingfishing
Dziękuje Ci za opublikowanie posta i użycia tagu pl-wedkarstwo lub myhuntingfishing oraz fishing, który nagrodziłem "upvoutem". Jeśli będzie Ci zależało na rozwoju tego rybo-bota wystarczy byś w rewanżu "upwoutował" czyli polubił ten komentarz a moc tego rybo-bota będzie rosła. Dziękuje
Добро пожаловать
Я рыба-бот, который поддерживает рыболовные посты.Спасибо за Ваше сообщение и использование тегов pl-wedkarstwo, fishing или myhuntingfishing который является наградой «upvoutem ». Если вы заботитесь о развитии этого рыцаря, все, что вам нужно сделать, это «взволноваться» в матче-реванше, то есть, как этот комментарий, и сила этого fisboot будет увеличиваться. спасибо

977ed90d51b801891e07b99740d68a9e.gif

Coin Marketplace

STEEM 0.37
TRX 0.12
JST 0.040
BTC 70162.45
ETH 3540.43
USDT 1.00
SBD 4.79