At-a-Glance

Key Takeaways with Craig

Equity markets are slightly higher today, continuing the recent gains traders have seen testing record high levels. Today is a lighter data day, with consumer confidence coming in slightly lower than expected, but there are big reports this week that could impact these markets nearing all time highs. Tomorrow, traders will see the GDP, initial jobless claims and PCE numbers headed into the holiday 

Bitcoin has seen some selling pressure to kick off the week after making new all time highs. The market traded right near the $100,000, and fell from there and has traded back as low as $91,720. We are seeing other crypto markets stall out as well, like Ethereum, which has also struggled to find the next leg higher. Traders now are looking for a catalyst in this space to see more strong volatility into the end of the year.

I hope everyone has a great Thanksgiving!


Traders Resources

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