S&P 500 and Nasdaq on pace for monthly declines, bitcoin tops $90K

Market Overview - The S&P 500 is on track for its first monthly drop in six months, while the Nasdaq may fall for the first time since March, primarily due to weakness in the tech sector [1][5] - Super Micro Computer is poised to be the worst performer in the S&P 500 for November, alongside other losers like Coinbase, Oracle, and Palantir [2] Trading Operations - The Chicago Mercantile Exchange (CME) is restoring operations after a significant outage caused by a cooling issue at a data center provider, which disrupted trading across various markets [3][39] - Bitcoin has rebounded above $91,000 but is still on track for its worst month since February, with Bitcoin ETFs experiencing significant outflows [4] Sector Performance - The healthcare sector has emerged as a strong performer in the fourth quarter, while the tech sector has declined by 5.6% [7] - Small caps and micro caps have shown strong buying interest, indicating potential bullish momentum as they challenge previous highs [10][13] Gold and Commodities - Gold has increased by 24% over the last three months, driven by expectations of lower interest rates and central bank buying [14][16] - The gold to silver ratio has dropped to 78, indicating bullish potential for silver if it breaks down further [46] Retail Sector Insights - Retail spending is expected to increase this holiday season, reflecting a shift in consumer sentiment towards more optimistic spending [18][20] - Companies like Kohl's, Target, and Macy's have reached 52-week highs, indicating positive trends in the retail sector [20] Transportation Sector - The transportation sector has shown signs of recovery, with the IYT ETF regaining its position above the 50-day moving average [24] Technology Sector Analysis - The tech sector, particularly semiconductors, has faced challenges, with concerns about saturation and energy demand impacting future performance [27][28] - Despite recent corrections, major tech companies like Google are still viewed as having strong long-term potential [28] Cryptocurrency Market - Bitcoin's recent price movements suggest a potential bottom around $80,000, with a focus on maintaining support levels around $88,000 to $89,000 [35][36] - Other cryptocurrencies like Ethereum and Chainlink are being monitored for potential rebounds, with specific price levels identified as critical for future performance [37][38] Emerging Markets - India's economy has shown surprising growth, with a GDP increase of 8.2% for the quarter ended September, positioning it favorably among emerging markets [51][52]