Day before Thanksgiving

Published: Wed 25 November 2020
Updated: Tue 22 November 2022
By steve

In markets.

Wrap

The US is barely at work today, with dealers thinking more about cooking and eating turkey than trading the currency of Turkey.

Overall, market is risk neutral:

  • Bitcoin flat,
  • Most other currencies likewise,
  • SPX totally flat,
  • Energy down, but after a steep rally yesterday, other sectors flat, small upticks for value sectors,
  • Treasuries flat,
  • Nat. Gas up 3.2%, oil up 1.9%, gold flat,
  • very little market news. Salesforce ($CRM) may buy Slack ($WORK). $CRM will be the next $GE.

US readers: enjoy your Thanksgiving dinner!

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