Market Rally Insights: Technical Signals and Seasonal Trends

Reported 8 months ago

As equity markets adapt to November's volatility, experts suggest that stocks may continue to rise, supported by historical seasonal trends. Oppenheimer's Ari Wald highlights that a recent 1% drop is typical in a pre-election year and anticipates a stronger market as uncertainty dissipates. He notes increasing broadness in market movements and advises on defensive opportunities in certain sectors, particularly in small-cap stocks, which are showing potential in the ongoing uptrend.

Source: YAHOO

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