Dear Reader,
We’re past the election, most of the big third-quarter earnings report, and the latest Fed rate cut.
And the markets love it.
Tech is on the move, pushing the S&P 500 and Dow to record highs.
Bigshots like Nvidia Corp. (NVDA) and Tesla Inc. (TSLA) are leading the charge. Investors are feeling good (if not exuberant) after the election, and they’re piling into these high-growth stocks.
In today’s Five Points update, we’ll take a look at the SPDR S&P 500 ETF (SPY), which just this morning bumped up against our year-end target of 600.
I’ll tell you what I see coming next for stocks – and given what the Money Calendar is showing me, it should come as no surprise that I expect the bullishness to continue this week…
We’ll also take a look at what’s happening in the bond market, which has moved lower and could be signaling a change in monetary policy in the near future.
Then it’s on to oil and gold, both of which are heading higher…
And we’re going to take a special post-election look at Trump Media & Technology Group Corp. (DJT)…
Click below to get started now!
I’ll be back tomorrow with a deep dive into Bitcoin’s explosion – so stay tuned!
Good trading,
Tom Gentile
America’s Pattern Trader