Traders work on the floor of the New York Stock Exchange (NYSE) in New York, Nov. 8, 2021.
Michael Nagle | Bloomberg | Getty Images
This is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics.
- The tape finally got stretched enough to allow for a decent snapback, which started right at the line that we and so many others have been watching.