Good weekend all! During our off-reporting weekend, please consider our 3rd-party Research compilation from around Wall Street. Our final macro-market Research Report of 2024 will be delivered on November 24, 2024, and include an outlook for 2025. With the S&P 500 achieving 6,000 intraday this past Friday, investors should consider we have yet to enter the TOY Barometer period until November 19, 2024 and currently setting a very high bar for which to trigger a Bullish TOY Barometer signal by January 20, 2024. As such, any consolidation from Friday’s closing value of 5,995 would be welcomed in order to establish a lower value for which to enter the TOY Barometer period. Either way, we would encourage investors/traders to utilize this FOMO price action that has come in the post-election period to rebalance and reposition portfolios in preparation for calendar year 2025.
