After a miserable October, the setup for November is looking better. Barring a huge rally on Tuesday, October will be the third consecutive down month for the S & P 500. That’s unusual. Here’s the good news: Stocks are very oversold and the bond market is acting like it’s going to be difficult to get 10-year Treasury yields over 5%. That’s very good news for stocks. Here’s more good news: November is the #1 month for the S & P 500. It’s up 1.
equity valuations,” Colas said, noting that the S & P hit its highs on July 31 just as 1-year yields had climbed to about 5.4%. Yields on 52-week bills have sat in that range ever since.
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S&P 500: Can Bulls Keep the Bounce Going?Stocks Analysis by Jani Ziedins covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Jani Ziedins’s latest article on Investing.com Read more ⮕
The Bears May Get What They Want: A Market CrashStocks Analysis by Avi Gilburt covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Avi Gilburt’s latest article on Investing.com Read more ⮕
Weekly Horoscope: October 29 – November 4See what the stars have in store for you with this weekly horoscope, including why change can be spooky. Read more ⮕
Your Horoscope This Week: October 29 to November 4All zodiac signs would benefit from clearing space psychologically and physically as October comes to an end and November begins. Read more ⮕
S&P 500 futures rise from five-month low with Fed and Apple results in viewJamie Chisholm is a markets reporter based in London. Read more ⮕
