{"id":71455,"date":"2024-11-23T11:05:15","date_gmt":"2024-11-23T19:05:15","guid":{"rendered":"https:\/\/drduru.com\/onetwentytwo\/?p=71455"},"modified":"2024-11-24T08:54:33","modified_gmt":"2024-11-24T16:54:33","slug":"support-holds-firm-ahead-of-holiday-week-the-market-breadth","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2024\/11\/23\/support-holds-firm-ahead-of-holiday-week-the-market-breadth\/","title":{"rendered":"Support Holds Firm Ahead of Holiday Week – The Market Breadth"},"content":{"rendered":"\n

Stock Market Commentary<\/strong><\/h2>\n\n\n\n

Imagine that. Key support holds firm across the major indices. A telling post-election reversal<\/a> turned into proof positive that unrelenting bulls<\/a> remain all-in for the stock market. Not even a further escalation in World War 3 brought pause to the rebounds off support (Russia fired an intermediate-range ballistic missile into Ukraine<\/a> and warned other countries could be targets after the U.S. gave Ukraine permission to fire U.S. missiles into Russia). With Thanksgiving expanding into a week of Black Friday shopping and travel, I expect the good cheer to persist even if the mood does not translate into a fresh surge in the indices. Accordingly, all but the most extreme bad news should barely register on trading.<\/p>\n\n\n\n