Thursday, November 24, 2016

FRIDAY 11/25/16; Black Friday; Massive Copper Rally Continues; PMI Services Index; SPX (S&P 500), INDU (Dow Industrials), COMPQ (Nasdaq Composite) and RUT (Russell 2000) Print New All-Time Record Highs; Oil Collapses -4% on OPEC Meeting Worries

US stocks are set to reopen this morning after the Thanksgiving Day holiday. Markets close early at 1 PM EST. US major indexes begin trading at all-time record highs. The all-time record intraday and closing highs, respectively, are; SPX (S&P 500) 2204.80 on 11/22/16 and 2204.72 on 11/23/16, INDU (Dow Industrials) 19083.76 and 19083.18 both printing on 11/23/16, COMPQ (Nasdaq Composite) 5392.26 and 5386.35 from 11/22/16 and RUT (Russell 2000 small caps) 1342.35 and 1342.09 on 11/23/16.

Black Friday is a huge retail sales day in America with 

[Text is redacted. Purchase the 2016-11 chronology to enjoy November's economic and market history.]

Stein says she knows she will not win but she is spear-heading the vote recounts to promote democratic elections and make sure that nefarious activity including computer hacking did not occur. Hillary Clinton remains in hiding after the election and does not comment on the recounts.

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