As the end of Year 2021 approaches, the stock market has continued to reach new record highs and to experience new dynamics, on top of the volatility that started in early May 2021. The latest major dynamics are driven by the improving job market, microchips shortages, global supply chain bottlenecks, Electric Vehicles (EV), cyptocurrency, the growing inflation, Chinese government actions on Tech and e-commerce companies, retail and tech companies performance, and the overall economic policies, including the US infrastructure bill.
On November 17, 2021, the key stock market indices remain close to record performances. YTD, the stock indices have performed as follows: Dow Jones Industrial Average gained 22.05%, Nasdaq: 34.91 %, S&P 500: 31.42%, and Russel 2000: 22.15%). AroniSmart™ team, leveraging the Machine Learning, Big Data ,Bayesian Network Analysis, Neural Network Analysis, Text Analytics, and Sentiment and Valence Analysis capabilities of the new improved AroniSmartInvest™ and AroniSmartIntelligence™, looked at the stock performance, market sentiment index and events driving the stock market as Novembber 17, 2021 and the end of the year approaches ( For More on AroniSoft LLC and AroniSmart products click here). Key stocks driving the market in mid-November 2021 were identified.