Outlook 11/14: Stock futures are little changed as postelection rally stalls. The October producer price index rose 0.2%, also matching forecasts from economists. Investors are deliberating whether a postelection rally following Donald Trump’s decisive victory last week still has room to run after powering the major averages to new milestones. There’s still lot of cash sitting in the sidelines from investors awaiting more certainty on the market so with that new money to add, there’s a lot of other areas of opportunity that still have room to run. Elsewhere, the retail sales report is due out Friday, while Fed Chair Jerome Powell is set to speak Thursday in Dallas, Texas.
ESZ24 (DEC2024): YVAH 6030 YPOC 6016 YVAL 6009 GAP 6019.75
/ES Plan: Yesterday market closed balanced, and overnight, after PPI, continues on that way, moving within previous value, so these're the opening and initial balance options for current session:
