Morning Market Briefing – 30,000

Home/Blog/Morning Market Briefing/Morning Market Briefing – 30,000

Morning Market Briefing – 30,000

Morning Market Briefing

Morning Market Briefing – 30,000

November 25, 2020

Have you seen our live shows? Join us for “The Trend” each market morning at 9:00AM EST, and “Beyond the Bell” at the close. See what’s trending in the markets and find out what our traders are watching each day! Check them out on the “Insights” tab.

With one day to go until the Thanksgiving holiday (US), the markets toyed with new all time highs on low to medium volume. Exuberance in the travel stocks pulled the SPY close to it’s all time highs. Barring major news, we expect lighter volume today as markets wind down for Turkey Day.

Reminder that this week the markets will be closed Thursday and Friday’s session will end at 1:00pm EST.

SPY surged above 360 on Tuesday, setting up a run at new all time highs.

295 next area to watch in the QQQ, with a 297 double top waiting above that.

Watch List

Symbol Why We’re Watching
BABA Completed the V pattern, watch for move above $280
ZM Holding the 8EMA for possible run back to $450
AMZN Tightening price action with Black Friday looming
WORK Running into resistance at $30
NFLX Possible long trigger at 21 EMA

Upcoming Earnings

Symbol Date
DE Today
JG Today
PTNR Today
SY Today
VIOT Today

Upcoming Event

Live Options Trading with Sarah Potter

December 3, 1:00 PM EST

In this online live-trading presentation, Sarah Potter, President of YouCanTrade, will go through the process of identifying options trading opportunities, selecting the correct strikes and expirations, and managing the trade from start to finish. Sarah will also discuss her daily trade routine and tips to help you ramp up the learning curve.

Sarah Potter
Register Now
See all Events
2020-11-25T09:34:21-05:00
YouCanTrade is an online media publication service which provides investment educational content, ideas and demonstrations, and does not provide investment or trading advice, research or recommendations. Click here to read important disclosure, disclaimer and assumption of risk information. Active trading generally, and options, futures and digital assets trading in particular, may not be suitable for all investors. Past performance, whether actual or simulated, does not guarantee or predict future results.
TradeStation Securities, Inc. provides support and training channels hosted on its affiliate YouCanTrade. Any other services offered/hosted by YouCanTrade are not sponsored, endorsed, sold, or promoted by TradeStation Securities and it makes no representation regarding any YouCanTrade goods or services.
TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means.
CME GROUP or CME GROUP GLOBE are trademarks of Chicago Mercantile Exchange Inc. and have been licensed by YouCanTrade for use in connection with the FAST channel and the Spring Summit. Any services offered by YouCanTrade are not sponsored, endorsed, sold or promoted by Chicago Mercantile Exchange Inc. or its Affiliates and none of them makes any representation regarding any such goods or services.
Go to Top