Howestreet.com - the source for market opinions

ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION

November 9, 2024 | Tech Talk for Saturday November 9th 2024

Don Vialoux

Visit Guest's Website
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 

All-time highs were recorded by broadly based U.S. equity indices following the election of Donald Trump as President. On Friday, the S&P 500 Index exceeded the 6,000 level and the Dow Jones Industrial Average exceeded 44,000.

U.S. equity index futures are tracking their historic seasonal pattern following a U.S. Presidential election once a definite result has been determined. Historically, strength in indices has extended until the first week in January when specific plans proposed by the next President are revealed.

Download (PDF, 272KB)

 

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.

November 9th, 2024

Posted In: Tech Talk

Previous: «

Next: »

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site

*
*

This site uses Akismet to reduce spam. Learn how your comment data is processed.