
Dow Industrials hits new highs, but other indices lag. In most recoveries, small caps notably outperform big caps, but this has not been the case with this recovery.
The Group of 20 (finance ministers and central bank governors) signaled that while they would eventually be withdrawing their loose monetary stance, it would not be imminent.
A healthcare reform vote in the House tomorrow; why are HMOs trading up? You'd think the likelihood of a vote—and better than even chance of passage—would be a negative for HMOs.
S&P Futures dropped about 10 points as the October Unemployment rate hit 10.2 percent, the highest since April 1983. While this will be the headline in the papers, bear in mind that unemployment in the 1982 recession peaked at 10.8 percent at the end of 1982.
Friday: all about the unemployment rate. That's a bit different than usual, since traders typically focus more on job creation and destruction—the nonfarm payroll report—rather than the unemployment rate.
October retail sales. Now that all the analysts have finished opining to their clients, it's clear there's good and bad news about the direction of retail sales.
