Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
Wrapped SOL 
USDC 
Lido Staked Ether 
TRON 
Dogecoin 
I love it when a new month starts on a Monday and that’s the just the beginning of the good news for November. The clocks go back this weekend and the weather gets worse but it’s a great month for risk assets.Best month for the NasdaqSecond-best month for the S&P 500Second-best month for the MSCI world indexSecond-best month for the German DAXBest month for the Nikkei 225Best month for USD/JPYThird-best month for the US dollarWorst month for WTI crudeWorst month for CADThere is something for gold bugs as well as the November through February period is a particularly strong time for gold, a pattern that’s worked for more than 15 years and I’ve touted in every one of those. Generally, the trade is to buy any mid-November dip and ride it but there’s no harm in being early.In terms of stock markets, the FTSE 100 is a bit of a relative dog as it averages declines.
This article was written by Adam Button at investinglive.com.
💡 DMK Insight
November’s arrival could signal a bullish trend for risk assets, especially tech stocks. Historically, November has been a strong month for the Nasdaq and S&P 500, with the Nasdaq often leading the charge. Traders should keep an eye on the tech sector, as seasonal trends could drive momentum. The shift in daylight saving time may also influence market behavior, as traders adjust their strategies for the shorter days ahead. Look for key technical levels in the Nasdaq around recent highs, as a breakout could attract more buying interest. However, be cautious of potential volatility as the month progresses, especially if economic data releases create uncertainty. Keep an eye on earnings reports and macroeconomic indicators that could impact sentiment. As we move forward, watch for the Nasdaq to test resistance levels; a decisive break could lead to a significant rally. Conversely, if the market fails to hold these gains, it might trigger profit-taking, so stay alert for signs of reversal.
📮 Takeaway
Watch for the Nasdaq to test key resistance levels this November; a breakout could signal a strong rally in tech stocks.
