Welcome back from the Thanksgiving holiday weekend. Bulls didn’t have much to be thankful for given the weak performance of equities around the holiday period, but it’s a new week and a new beginning. We’re as happy as anyone that the equity market is looking to kick off the week on a positive note, but just to keep things in perspective, last Friday the S&P 500 did close at a new low for the current correction and even with today’s 1% gain at the open, the S&P 500 will only be back to levels it was trading at a half hour before the close on Wednesday.
Start a two-week free trial to Bespoke Premium to see today’s full Morning Lineup report. You’ll receive it in your inbox each morning an hour before the open to get your trading day started.