Weekly Market Update 11.9.24

This week’s market activity aligned closely with our projections from last weekend. We identified the beginning of a market pivot, anticipated some additional downside leading up to the election, and expected a highly responsive market following the election outcome. With the signal positioned to support significant upside momentum, the market reacted strongly once election certainty was established, resulting in a substantial upward move.

Looking ahead to next week, our model suggests that the likelihood of large upside moves has diminished. However, there remains potential for continued gains, though at a more moderate pace. If we observe signs of market exhaustion within this trend, we will issue a mid-week alert.

Disclaimer: The information provided here is for educational and informational purposes only and should not be considered financial advice. I am not a licensed financial advisor, and my portfolio may not align with your financial goals or risk tolerance. All investments involve risk, including the potential loss of principal. Historical data and model-based projections do not guarantee future performance. Please consult a licensed financial professional before making any investment decisions.