Friends
Despite a plethora of comments from Fed officials this week, not to mention the beginning of impeachment hearings in the House, stocks have been very quiet all week long. Yes, there have been a few ebbs and flows, but in the end the dilemma that we spoke about earlier in the week continues to unfold- the fear of buying at all-time highs vs. the fear of missing out.
For the day, the Dow Jones Industrial Average was down 1 point to finish the day at 27,781. The S&P 500 was up 2 points to close at 3,096. Gold was up $7 to trade at $1,470 per ounce, while oil was down $.24 to trade at $56.88 per barrel WTI.
As quiet as the week has been with regards to trading and market movements, it would be surprising if tomorrow is any different, but that’s why they open the market and we participate. You never know what is going to happen.
Have a nice evening everyone.
