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November 2, 2024 | Tech Talk for Saturday November 2nd 2024

Don Vialoux

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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

Focus this week is on results from the U.S. election on November 5th. Consensus calls for a “dead heat” for election of the President and the House of Representative and a narrow win by the Republicans for the Senate. Chances are high that final results will not be determined this week. Multiple recounts are anticipated and will be challenged. Current volatility by U.S. equity indices (based on the VIX Index) is expected to remain elevated until final results become apparent.

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November 2nd, 2024

Posted In: Tech Talk

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