📈 Stocks Have 4 Winning Days - Can This Rally Continue?

Here's what is happening in the markets today, Thursday, November 16th

- Stocks have 4 consecutive winning days

- PPI Inflation data for October posted their biggest decline in 3½ years, down 0.5% for the month

- Weekly jobless claims increase more than anticipated

- Walmart (WMT) and Macy’s (M) reported earnings

- Cisco (CSCO) drops after offering weak guidance

- Microsoft (MSFT) is coming for Nvidia (NVDA), making it’s first chip for AI

- Crude Oil is falling

- Stocks are having a great month: The S&P 500 is up 7.2% and the Nasdaq is up 9.7%

- Goldman Sachs thinks there’s virtually no chance of a recession in 2024

PLUS: How we trade these markets and our current positions

This wraps up today's stock market news.

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