The market began the week with a rally and has now traded above both the October and September highs. This market may be setting up a challenge of the high of the year at 4634.50. The next two days will set up the post and pre-holiday market. After Thanksgiving the market will close out November and begin the month of December.
DE reports earnings tomorrow. DE opened the year at 428.00. They opened the second half of the year at 402.23. The third quarter opened at 379.19. DE opened this month at 364.88. They closed last week at 384.15. Monday's close was 380.33. While tech stocks are flying, the performance of stocks like DE may be telling different stories.
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