Gap Up, Fall Down—An Unnerving Market Pattern – November 21, 2025
Good morning, That was strange… Yesterday’s gap-opening rally—sparked, at least in theory, by another NVDA earnings beat Wednesday night—initially pushed the S&P 500 up as much as +1.9%. Then, almost inexplicably, the market went into a free fall, sliding roughly 3.5% from its intra-day peak to finish the day down -1.55%. I’m not entirely sure […]
Five Charts for the Week That Was: November 21, 2025
Chief Economist Jeanette Garretty provides 5 economic charts covering topics including unemployment claims, payroll employment growth, federal tax refunds, trade deficit, and money supply vs. inflation.