Trick or treat

Yesterday, on Halloween (31 Oct), the market continued to bounce up, giving investors a treat. But the whole month of October was spooky, tricking many investors as closed the month red.

Come November, whether it’s a month full of treats or tricks, it remains to be seen.

Based on past years’ statistics, investors should be in for a treat as the last 2 months of the year usually deliver a strong performance. But there are still lots of uncertainties and potential headwinds in the near term which could make the market tricky.

Tough call…?

Stock Market (Nov 2023) – More Sell Off or Oversold Rally??