Friday 8 November 2024

My Take on the Market’s Big Moves This Week

Why stocks are soaring, gold’s slipping, and sectors are shifting
 
   
     
Hey folks, this week’s been a big one — the election’s done, the Fed has spoken, and markets have been making some bold moves.

In my Weekly Wrap-Up, I dive into why we’re seeing new highs for the S&P and Nasdaq, what’s pulling gold back, and how the dollar’s strength is playing into all of it.

Plus, we’re watching some surprising shifts across sectors – traditional energy and even nuclear stocks could be in for a boost, while the green sector might face some headwinds.

And next week? CPI and PPI are coming up, and they’re key for figuring out if the Fed’s recent rate cuts were on target.

Watch my Weekly Wrap-Up to get the full picture, see where the market’s headed and be ready for next week!

— Geof Smith

P.S. Nate Tucci’s breakthrough strategy targets huge returns from tiny moves in a stock. Want to see how it does it? Check it out right here.
   
 

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