Greetings,
Equities: The news of a COVID variant called omicron spreading in South Africa and elsewhere spooked investors around the world.
![The Daily Shot Brief – November 29th, 2021](https://thedailyshot.com/wp-content/uploads/EQ-SPX-Daily2111290433.png)
Reopening stocks tumbled, …
![The Daily Shot Brief – November 29th, 2021](https://thedailyshot.com/wp-content/uploads/EQ-Stay-at-home2111290433.png)
… with airlines getting hit particularly hard.
![The Daily Shot Brief – November 29th, 2021](https://thedailyshot.com/wp-content/uploads/EQ-Stay-JETS2111290433.png)
Energy: Crude oil tumbled on Friday, with Brent stopping at the 200-day moving average.
![The Daily Shot Brief – November 29th, 2021](https://thedailyshot.com/wp-content/uploads/EN-Brent2111290433.png)
Implied vol spiked.
![The Daily Shot Brief – November 29th, 2021](https://thedailyshot.com/wp-content/uploads/EN-Oil-VIX2111290433.png)
Cryptocurrency: Bitcoin’s correlation with stocks remains positive.
![The Daily Shot Brief – November 29th, 2021](https://thedailyshot.com/wp-content/uploads/BT-v-EQ-Correl2111290433.png)
China: Industrial profits remain at multi-year highs for this time of the year.
![The Daily Shot Brief – November 29th, 2021](https://thedailyshot.com/wp-content/uploads/CH-Ind-Profits2111290433.png)
United States: Jobless claims remain very low for this time of the year.
![The Daily Shot Brief – November 29th, 2021](https://thedailyshot.com/wp-content/uploads/US-Claims2111290433.png)
Food for Thought: Year-over-year changes in cigarette sales:
![The Daily Shot Brief – November 29th, 2021](https://thedailyshot.com/wp-content/uploads/VTH-Year-over-year-changes-in-cigarette-sales2111290433.png)
Edited by Daniel Moskovits
Contact the Daily Shot Editor: Editor@DailyShotLetter.com