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Market review 23.11.05

www.alphacharts.ca

Market review 23.11.05

Assessing a big reversal week

Brian G
Nov 5, 2023
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Share this post

Market review 23.11.05

www.alphacharts.ca
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Hello everyone,

Stocks and bonds had a powerful rally this week. ARKK was up 19%. SPY and VEU were each up 6%. TLT was up 4%. Meanwhile, the US Dollar Index fell 1.4%, while WTI oil fell 6%.

These are some substantial reversals to the trends in place since mid-July. The question is whether this is temporary or a more lasting move.

As traders, we want to m…

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