Monthly Chart Of The S&P 500 (SPY) - Another UP Month Image & Data Courtesy of BreakoutsAndSetups.com November Stock Market Review: When the Market Refused to Break For investors, November felt like watching a movie that started as a thriller and ended as a feel-good comeback story. The month opened with worry, confusion, and a lot of selling (red)—but finished with one of the most powerful late-month rallies in modern market history.