As we enter the final month of the quarter and of a tumultuous year, exchange traded funds (ETFs) leave November on a better note that has been seen in awhile. The Dow Jones Industrial Average rose for five consecutive trading sessions, ending the month down 1.8%.
The Nasdaq fell 7.2% for the month, while the S&P 500 lost 3.6%.
European markets lost about 3% in November, Asia fell about 2.5% and Latin America lost 1.7%. The top sector was gold miners, which rose 25.2%. The weakest was gasoline, which lost 23%.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.