Are you ready for the best month? What's your trading plan?

Tiger_comments
2023-11-01

November is typically the best month for stock market, according to data from the “Stock Trader’s Almanac.”

chart from cnbcchart from cnbc

Stock market hits a October bottom or not?

  • Stocks are very oversold and the bond market is acting like it’s going to be difficult to get 10-year Treasury yields over 5%.

  • Jeff Hirsch thinks we may have already reached an October bottom.

  • But the chances the S&P 500 would be down 4 months in a row is very small. October is the third consecutive down month for $S&P 500(.SPX)$ . It hasn’t been down four straight months since 2011.

Time to add some value stocks with PE close to historical low?

$S&P 500(.SPX)$ has dropped 10% from its peak in July, bringing the valuations of S&P 500 component companies closer to historical average levels. PE is close to 20, whereas the long-term average is above 16.

David Kelly, Chief Global Market Strategist at JP Morgan Asset Management, said

I prefer underweighting large-cap stocks and overweighting value stocks,
More optimistic about energy and financial stocks.

Are you ready for the best month of stock market?

How do you plan your portfolio to welcome November?

Which stock/sector will rebound most?

Leave your comments and repost to win tiger coins!

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.

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  • icycrystal
    ·2023-11-01
    @GoodLife99 @Universe宇宙 @rL @Zarkness @HelenJanet @LMSunshine @koolgal @Shyon @Aqa @DiAngel
    Leave your comments and repost to win tiger coins!
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    • WonderElephantReplying toicycrystal: 
      Yes sometimes the message appears after refreshing the page, sometimes it doesn’t[Spurting]
      2023-11-02
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    • Shyon: 
      Wohoo thanks for sharing
      2023-11-02
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    • Universe宇宙: 
      [ShakeHands]
      2023-11-02
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  • Shyon
    ·2023-11-02
    TOP

    Yes, I am ready [Happy]  [Happy]  [Happy]   for the best month of the stock market. After keeping my bullet for few months, is time to collect some good stocks and ride with the rally! The reserve cash is ready and now hunting for the best candidates to join my portfolio. For such, I am optimistic for the technology, crypto and EV sectors as most of them have been underwent significant correction for quite some time already. Therefore, I am bullish for the following $Advanced Micro Devices(AMD)$  $Semiconductor Bull 3X Shares(SOXL)$ $Coinbase Global, Inc.(COIN)$ $NIO Inc.(NIO)$ $XPeng Inc.(XPEV)$ 

    The Federal Reserve’s rating-setting group on Wednesday unanimously agreed to hold the key federal funds rate in a target range between 5.25%-5.5%, where it has been since July.

    This was the second consecutive meeting that the Federal Open Market Committee chose to hold, following a string of 11 rate hikes, including four in 2023.

    The decision included an upgrade to the committee’s general assessment of the economy.

    How do you interpret the Fed outcome last night? [Cool]  [Cool]  [Cool]  [Miser]  [Miser]  [Miser]  

    @TigerSG  @Daily_Discussion  @Tiger_comments  @TigerEvents  @MillionaireTiger  @CaptainTiger  @TigerStars  

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    • ShyonReplying tob1uesky: 
      😍😍😍
      2023-11-02
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    • b1ueskyReplying toShyon: 
      np [Cool]
      2023-11-02
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    • ShyonReplying tob1uesky: 
      Thanks for support hehe
      2023-11-02
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  • LMSunshine
    ·2023-11-02
    TOP
    🐯🐯🐯 Comment in @Tiger_comments post for 🐯🪙 Can’t wait for the green to come❣️ Will hunt for companies with strong fundamentals and healthy balance sheet at a bargain to buy, keep, then sell high later😉
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  • MHh
    ·2023-11-01
    @SPOT_ON @Universe宇宙 @SR050321 @Kaixiang @HelenJanet @Fenger1188 @Success88 @rL @DiAngel @AliceSam come join
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  • MHh
    ·2023-11-01
    TOP
    May not be the best month. Will wait and try to pick up discounted stocks. Discount may last till fed start cutting rates and till there more certainty to the 2 wars endinf
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  • Universe宇宙
    ·2023-11-02
    As tensions escalate in the Middle East, investor concerns are once again weighing on the stock market. Moreover, in addition to the Middle East conflict and the Eastern Europe conflict, global inflation remains high, for example rising living expenses in Singapore, which has caused investors' risk aversion to continue to rise. Also, the chances of both conflicts spreading to other parts of the world may cause investors to sell their stocks. Therefore, investors should do their homework and don't copy.
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  • ECLC
    ·2023-11-02
    Just obtained 2 stock vouchers, sure ready for November trading. Not sure if best month in such uncertain times but most stocks have dropped a fair bit lately, so still can go for value stocks that pay consistent dividends.
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  • highhand
    ·2023-11-02
    yes ready for the x'mas rally. all the stocks should have been bought from September to October, now just sit back and watch the rally. Tech and communication services will lead the way. Defensive stocks are out of trend. Pick some to balance your portfolio. You need them during a recession.
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  • StickyRice
    ·2023-11-05




    From an economic perspective, October brought a blow-out GDP print in the US. The consumer continues to remain resilient, as the lagged impact of unprecedented fiscal support and elevated asset prices continues to support spending. However, we would caution that savings continue to be run down, and data shows that all but the upper 20% of households by income have run through their savings. It was also noteworthy that private investment ground to a halt in the third quarter, as higher rates are likely weighing on the decision to borrow and invest in the current environment.
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  • TimothyX
    ·2023-11-03
    股票非常超賣債券市場表現得好像很難讓10年期美國國債收益率超過5%。
    傑夫·赫希認爲我們可能已經到達10月份的底部。
    但是標普500指數連續4個月下跌的可能性很小.十月是美國經濟連續第三個月下滑$標準普爾500（。SPX）$.自2011年以來，該指數還沒有連續四個月下跌。
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  • SPOT_ON
    ·2023-11-02
    https://tigr.link/4MFp9G?utm_campaign=20231017114222&utm_medium=copy&shareID=a62a0584aae3e0ed87d973d166999839&invite=RXUQNR&lang=en_US&platform=android&utm_source=invite

    HELP FRIEND !!!

    [Salute] [Salute] [Salute] [ShakeHands] [ShakeHands] [ShakeHands] [ShakeHands] [ShakeHands]

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  • Jeromelim
    ·2023-11-02
    i preduct AMZN will rebound in Nov and it is grossly undervalue. It has multiple businesses and in the past has spent heavily in investment. it is time to reap the fruits amoung tge magnificent 7
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  • koolgal
    ·2023-11-02

    🌟🌟🌟After Red October, November is filled with the promise of green shoots of recovery.  I invest with optimism and quiet confidence that quality stocks like the Magnificent 7will bounce back stronger than ever before. 

    I am super excited and ready to welcome November with open arms to uncover hidden treasures in the markets that would shine in the future.  Bring it on November!  Tis the Start of the much awaited Santa Rally! 🚀🚀🚀🌛🌛🌛🌈🌈🌈💰💰💰🎅🎅🎅

    @Tiger_comments  @TigerStars  @TigerClub  @Tiger_SG  @MillionaireTiger @CaptainTiger  

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  • Captain Ashford
    ·2023-11-02
    waiting until ETRN goes ex-divvy to sell some OTM puts aiming to exploit probable price weakness. Will look at selling some IL stock puts too, but after the glow of reporting week dissipates.
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  • WanEH
    ·2023-11-01
    已经没有眼睛看我的组合了。最后两个月也不期望能转亏为盈。我计划逢高出货，现金为王。
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  • icycrystal
    ·2023-11-01
    how come my comments and tags to friends not appearing? they just disappeared... like "poof"... gone... [Thinking] [Thinking] [Thinking] [Helpless] [Helpless] [Helpless]
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  • icycrystal
    ·2023-11-01
    market in Sep & Oct was bad. Nov hopefully it would bounce back to a good level. however, not sure how much it would recover with the war still on going and economy is still quite uncertain. fed still hanging on the rate hike (though pause at the moment) and inflation still high... I am contemplating if I should "shop" or should "hold back" [Thinking] [Thinking] [Thinking] or should channel more to safer instrument... maybe I would cater lesser to stock and more to funds, t-bills, ssb, etc... [smile] [smile] [smile]
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  • Khikho
    ·2023-11-01
    $金融ETF(XLF)$ adding more and more.
    Hope it will shoot up soon [财迷]
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  • Mrzorro
    ·2023-11-02
    I really hope this month will be the best month [LOL] my profolio all deep red! My plan is simple, just cover my lose then I will be very happy [Facepalm]
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  • Universe宇宙
    ·2023-11-02
    @TigerGPT Will the pause of interest rate shows that the US economy is going to crash soon?
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    • TigerGPT: 

      Based on the information provided, I can provide the following insights:

      Outlook for the US economy given the pause of interest rates: The pause of interest rates can have both positive and negative impacts on the US economy. On one hand, it can provide a boost to consumer spending and business investment as borrowing costs remain low. On the other hand, it may indicate concerns about economic growth and inflation. It is important to closely monitor economic indicators and market trends to assess the overall outlook.

        

      Trading plan for November: As an AI assistant, I cannot provide specific trading advice. However, it is generally recommended to have a well-diversified portfolio and to consider factors such as market trends, economic indicators, and individual stock analysis when making trading decisions. It is also important to set clear investment goals and risk tolerance.

        

      Investing in value stocks with PE close to historical low: Investing in value stocks with a low price-to-earnings (PE) ratio can be a strategy for some investors. A low PE ratio may indicate that a stock is undervalued relative to its earnings. However, it is important to conduct thorough research and analysis on individual stocks to assess their fundamentals, growth prospects, and industry trends before making investment decisions.

        

      Stock/sector expected to rebound the most in November: Predicting specific stock or sector performance is challenging and subject to various factors. It is recommended to conduct thorough research and analysis on individual stocks and sectors, considering factors such as company fundamentals, industry trends, and market conditions. Additionally, it is important to diversify investments to manage risk.

        

      Reference articles:

      Now, Where Is Your Recession?  

      Positive Stock Market Seasonality Ahead After Longest Losing Streak Since Pandemic Crash, AI Excitement  

      S&P 500 index will rise in Nov & Dec? Read & decide.  

      Are you ready for the best month? What's your trading plan?  

      U.S. stocks are seen rebounding after worst October in 5 years if this historical trend holds  

      Why I'm not worried about this fall in the stock market  

      2023-11-02
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