OPTIMISM OVER DISNEY AND SEASONALITY BUT NEWS FROM CHINA DISAPPOINTS
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Dollar Strengthens
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- The weakness in the dollar was one of the main reasons driving the U.S. stock market higher. Please click here to see the chart of dollar ETF UUP. For the sake of full transparency, this is exactly the same chart that was published in the Morning Capsule on November 11 without any changes. For details, please read the Morning Capsule from November 11.
November 21, 2022