November Effect + Stock Buybacks: Will November Present a Better Month?

The market experienced significant volatility in October. $.SPX(.SPX)$ closed down 0.99% in October, marking the second month this year with a decline. This was mainly due to yesterday's sharp drop in SMCI and disappointing earnings from major tech companies.

1. How do you trade in October?

Chinese concept stocks rose continuously at the beginning of October but cooled off after China's National Day holiday.
The upcoming election undoubtedly became the busiest hotspot in October, with DJT rising nearly 200% and Bitcoin returning above $70,000.
Nvidia surged significantly, briefly surpassing Apple in market value, following TSMC's better-than-expected earnings report.

2. November effect come into play?

As we enter November, seasonal patterns are expected to become a positive factor for U.S. stocks.

According to LPL Financial, November has historically been the strongest month for U.S. stocks since 1950. Data from Bespoke Investment Group also shows that over the past 100 years, the average gain for the S&P 500 in November has been over 1%.

3. Will stock buybacks and election trade bring more good news?

With stock buybacks starting again amid the election year market, Goldman Sachs analysts point out that October 28 marks the beginning of the best fourth-quarter trading period for U.S. stocks since 1928, especially during election years.

The stock buyback window for publicly listed companies also reopened this Monday.

Data from election years since 1928 shows that the median return for the S&P 500 from October 27 to December 31 is 6.25%.

With so much dazzling growth in October, have you made any money?

Do you think November will continue to soar in the wake of the election market?

Leave your comments and also post to win tiger coins~

# Farewell October: Are You Ready for the Best Month?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

2.73K

Report

Comment（51）

Top
Latest

koolgal
·11-02
TOP
🌟🌟🌟Hello November, Bye bye October. A new month, a new day dawns with fresh beginnings. I believe that November will be a great month as a new US President will be elected. Whether it is Donald Trump or Kamala Harris, the uncertainty that is gripping the markets will be gone.

Whatever the future holds, I will continue to stay invested in the markets as I believe that over a long term, the markets will continue to go up. Investing in the markets is one sure way to fight inflation, generate passive income through dividends and multiply my portfolio through capital growth in my stocks and ETFs.

Come what may, I stand ready to take advantage of market downturns by buying stocks on sale and be happy when I collect my dividends. Life is what we make out of it.

Stay positive, stay happy!

@Tiger_comments @TigerStars
Reply
4
Report
Fold Replies
- ELI_59:
  Hurray hurray for November. Good fresh beginnings
  11-05 18:13
  Reply
  Report
- koolgalReplying toicycrystal:
  Best of luck 🍀🍀🍀
  11-03
  Reply
  Report
- koolgalReplying toicycrystal:
  Enjoy your weekend 🌈🌈🌈
  11-03
  Reply
  Report
View more 13 comments
icycrystal
·11-01
TOP
got to trade with caution... nothing is for certain... no one knows how the market will swing... especially with the election... better to trade within limits...

@koolgal @LMSunshine @SPACE ROCKET @TigerGPT @Shyon @Aqa @GoodLife99 @Universe宇宙 @rL @HelenJanet

With so much dazzling growth in October, have you made any money?

Do you think November will continue to soar in the wake of the election market?

Leave your comments and also post to win tiger coins~
Reply
5
Report
Fold Replies
- icycrystalReplying tokoolgal:
  [Like] [Like] [Like]
  11-02
  Reply
  Report
- koolgal:
  Caution is always good. Best of luck 🍀🍀🍀🌈🌈🌈💰💰💰
  11-02
  Reply
  Report
- TigerGPT:
  Trading with caution is indeed a wise approach. The market is inherently unpredictable, and it is essential to manage risks and trade within your limits. The upcoming election adds further uncertainty to the market, making it even more crucial to take a cautious approach.
  Regarding the historical performance of the S&P 500 from October 27 to December 31, data since 1928 shows that the median return during this period is 6.25%. However, past performance does not guarantee future results, and it is important to consider various factors that may impact the market.
  As an AI, I do not have personal investment portfolios or the ability to make trades. My purpose is to provide unbiased analysis and information to assist users in making informed decisions.
  If you have any specific questions or need analysis on a particular stock or market trend, feel free to ask, and I'll be glad to assist you.
  11-01
  Reply
  Report
MHh
·11-02
TOP
I believe November will soar once the presidential election is over and there is clarity. Of course, we have to hope that the new president will say things that will boost market sentiment. Nov has the singles day which usually is good for China tech unless sales fall short of expectations
Reply
4
Report
Fold Replies
- SR050321:
  Thank you 👍
  11-03
  Reply
  Report
- MHh:
  @Universe宇宙 @Fenger1188 @HelenJanet @SPOT_ON @rL @Wayneqq @SR050321 @Kaixiang @DiAngel @Success88 come join
  11-02
  Reply
  Report
Universe宇宙
·11-02
TOP
Many technology stocks fall heavily in the last day of October 2024, and this may tell us something that this November 2024 is going to be what, buddy @TigerGPT ?
Reply
2
Report
Fold Replies
- TigerGPT:
  Based on the available news and information, here is an analysis of the situation:
  Movement of Technology Stocks in October 2024: The technology stocks experienced significant volatility in October, with a sharp drop in SMCI and disappointing earnings from major tech companies. This led to a decline in the overall market, with the S&P 500 closing down 0.99% for the month.
  
  November Effect: Historically, November has been the strongest month for U.S. stocks since 1950, according to LPL Financial. Over the past 100 years, the average gain for the S&P 500 in November has been over 1%, as per data from Bespoke Investment Group. This seasonal pattern suggests a potential positive factor for U.S. stocks in November.
  
  Stock Buybacks and Election Trade: Goldman Sachs analysts point out that the beginning of the fourth quarter, particularly during election years, marks the start of the best trading period for U.S. stocks since 1928. The reopening of the stock buyback window for publicly listed companies also occurred in late October. Historical data shows that during election years, the median return for the S&P 500 from late October to December 31 is 6.25%.
  
  Considering these factors, it is important to note that past performance is not indicative of future results, and the market can be influenced by various factors. While the November effect and stock buybacks present potential positive catalysts, it is crucial to closely monitor market conditions, economic indicators, and corporate earnings releases for a comprehensive analysis.
  As for the exact movement of technology stocks in November 2024, it is difficult to predict with certainty. It is recommended to conduct thorough research and analysis, consider one's investment objectives and risk tolerance, and consult with a financial advisor before making any investment decisions.
  Please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, including the potential loss of principal.
  11-02
  Reply
  Report
Aqa
·11-04 17:39
The present stock buybacks and election trade are bringing more good news. With the market experienced significant volatility in October, many will take profit it is better to trade very cautiously in November. Thanks @Tiger_comments @icycrystal
Reply
Like
Report
nomadic_m
·11-02
Brutal end to October. Woke up to a crimson sea on the final day. Turned lemons into lemonade by scooping up discounted core positions. Expecting a sunnier November post-election. More catalysts on the horizon, especially NVDA & the buy backs. Fingers crossed for a nice Kiwi summer.
Reply
Like
Report
Captain Ashford
·11-02
I think we are in for a period of significant uncertainty. In addition to the election, the middle east is very volatile too. This could be good for gold stocks, with increased demand for safe haven assets.
Reply
Like
Report
紫南
·11-02
过去表现不代表将来表现，本身是收息股票投资者，市场上我偷着乐，市场下我继续收集股票 [Happy] [Happy]
Reply
Like
Report
Roaringeagle
·11-01
October maybe a consolidation for what going to happen in November, especially when USA election result is out. No matter who wins, it is the action of the winning candidate stocks that are important. Ride the trend if you know how. Stay sideline if you do not know what to do.
Reply
Like
Report
highhand
·11-01
yes, with the correct stock investing and trading strategy we can make money anytime... even when there's a pullback. In Nov, we expect uncertainty to be gone after the election, and stock market to rally.
Reply
Like
Report
Success88
·11-01
Continue to invest value stock like $Taiwan Semiconductor Manufacturing(TSM)$$McDonald's(MCD)$
Reply
2
Report
Fold Replies
- koolgal:
  Excellent stocks. Congratulations 🎉🎉🎉
  11-02
  Reply
  Report
AN88
·11-02
yes I do made money as my portfolio is diversified. there are some I lose as well but I am keeping long term. November will continue to soar
Reply
Like
Report
Mrzorro
·11-02
My October trading was a nightmare, loss a lot. I hope November effect will let me recover part of the lost [Cry] [Facepalm]
Reply
Like
Report
jislandfund
·11-02
my first October trading was interesting. thank pboc. for a boost⭐
Reply
1
Report
Fold Replies
- koolgal:
  Well done 🎉🎉🎉All the best 🍀🍀🍀
  11-02
  Reply
  Report
MasterStonker
·11-02
There are many factors such as the election and the anticipated rate cut that will propel the markets to the next level. 📈📈📈📈📈📈
Reply
Like
Report
Universe宇宙
·11-02
@TigerGPT Sell in November and go far far away, right buddy? [ShakeHands]
Reply
1
Report
Fold Replies
- TigerGPT:
  Based on the news articles related to the keywords "November effect, stock buybacks, election trade," here is a summary of the key points:
  U.S. Weekly Review: Stock Market Retreats Before Election Day; Microsoft, Apple, Amazon, Google, Meta In Focus: The stock market experienced sharp losses in October, with tech titans' earnings from companies like Microsoft, Apple, Amazon, Google, and Meta being generally weak.
  
  As Stock Market Awaits Election, Palantir, S&P 500 Nuke Leaders Report: The stock market is anticipating the U.S. presidential election and the Federal Reserve rate vote. Earnings season is also progressing.
  
  Consumer Cos Up After Amazon Earnings -- Consumer Roundup: Consumer companies saw a rise in their stocks after strong earnings from Amazon.com. There is a sanguine approach to the U.S. election in the stock market, but shifts in policy could eventually have an impact.
  
  November Effect + Stock Buybacks: Will November Present a Better Month?: This article discusses the November effect and the potential positive impact it may have on U.S. stocks. Historically, November has been the strongest month for U.S. stocks since 1950.
  
  Zacks Investment Ideas feature highlights: Alphabet, Tesla, Advanced Micro Devices, Root, and Carvana: The market recently experienced selling ahead of key mega-cap tech earnings and the U.S. presidential election. The Nasdaq 100 ETF was particularly affected. However, the AI revolution continues, and certain sectors like data centers showed growth.
  
  Overall, the market saw volatility in October, and the performance of tech companies' earnings played a role in market fluctuations. With the upcoming U.S. presidential election and stock buybacks starting again, there is a mix of anticipation and potential positive factors in November.
  Please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in the stock market involves risks, and it is essential to conduct thorough research and consult with a financial advisor before making any investment decisions.
  11-02
  Reply
  Report
AN88
·11-03
yes November will continue to soar in the wake of the election. it might be unstable for awhile
Reply
Like
Report
Dumplinggogh
·11-02
Nvidia shot up bcoz I let it go. While I was holding it for the 2 or 3 years, it was 99.9% losses.
Reply
Like
Report
ECLC
·11-02
Market is more unpredictable with election and war strikes in middle east. Trade cautiously.
Reply
Like
Report
ELI_59
·11-05 18:11
Yes agreed. Better trade within your limits
Reply
Like
Report

To The Moon