Market Is Digesting Gains

November 14, 2024
Author: Peter Stolcers, Founder of OneOption
Author
Pete

After a nice rally to a new all-time high, the market is taking a rest.

PRE-OPEN MARKET COMMENTS THURSDAY - Earnings have been good, economic growth is stable, inflation is tame, the election results are known, the Fed is dovish and we are in a period of seasonal strength. As far as I am concerned, everything looks good. A light news cycle favors the current trend.

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