January 6, 2024 | Tech Talk for Saturday January 6th 2024
Donald Vialoux is author of the free blog Tech Talk, a daily investment report available during the past 20 years at www.timingthemarket.ca. Comments focus on the seasonal and technical outlook for equity indices, commodities and sectors. Mr. Vialoux has 53 years of experience in the investment industry and is a past president of the Canadian Society of Technical Analysts (CSTA).
The Bottom Line
Time for a pause in performance by U.S. equity markets into mid-March, most notably by the tech heavy NASDAQ Index and related ETFs! Thereafter, look for strength to the end of 2024 supported by accelerating earnings gains and a history of rising U.S. indices during the fourth year of the U.S. Presidential election cycle.
STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the HoweStreet.com Weekly Recap.
Don Vialoux January 6th, 2024
Posted In: Tech Talk
Next: This Week in Money »