Dow was up 103 (sharply below early highs), advancers over decliners 5-2 & NAZ added 113.  The MLP index went up 2+ to the 217s & the REIT index rose 6+ to the 391s.  Junk bond funds continued to be in demand & Treasuries remained in heavy demand, lowering yields.  Oil rose 2+ to the 75s & gold jumped 30 to 1822 (more on both below).

AMJ (Alerian MLP Index tracking fund)

Biden says his economic plan to fight inflation is working despite high prices

(TOL), said.  Redfin reported homebuyer demand “has started ticking up” in Nov.  It's demand index, which measures requests for home tours & other homebuying services from Redfin agents, was up 1.5% from a month earlier but down 20% from a year earlier during the 4 weeks ending Nov 27.

Mortgage rates drop after inflation comes in cooler than expected

Boeing's (BA), a Dow stock, aircraft deliveries picked up last month with airlines getting more 737 Max & 787 Dreamliner planes.  The manufacturer handed over 48 planes last month, up from 35 in Oct.  BA also delivered 32 of its 737 Max planes to carriers.  Nov deliveries also included the 2nd-to-last Boeing 747.  The final 747, #1574, rolled out of its Everett, Washington, factory last week.  It is scheduled to be delivered to a cargo & charter airline in Q1-2023.  BA logged orders for 21 planes in Nov, which did not include United's (UAL) massive order for at least 100 Dreamliners, announced yesterday.  So far this year, BA has delivered 411 planes & logged net orders for 571 planes.  The stock rose 83¢.
If you would like to learn more about BA, click on this link:
club.ino.com/trend/analysis/stock/BAa_aid=CD3289&a_bid=6ae5b6f7

Boeing airplane deliveries picked up in November

Gold futures rallied, with prices settling at their highest since Jun, after the consumer-price index, a closely watched inflation gauge, revealed a smaller-than-expected rise in Nov.  The $ weakened sharply following the data, providing support for $-denominated gold prices.  Feb gold gained $33 (1.9%) to settle at $1825 per ounce on, the Highest Finish for a most-active contract since late Jun.

Gold Ends at Highest Price Since June after CPI Data Show a Slowdown in Inflation

US oil futures rallied to mark their highest finish in more than a week.  The oil market is getting a cold slap in the face as the market prepares for what potentially could be one of the coldest of cold snaps in decades.  Heating fuel demand is expected to surge, testing the wherewithal of supplies.  A cooler-than-expected US inflation reading today pressured the $, also providing support to oil priced in $.  The US benchmark WTI crude for Jan rose $2.22 (3%) to settle at $75.39 a barrel, the highest finish since Dec 5.

U.S. oil futures up 3% to highest finish in over a week

Dow Jones Industrials