This Week in Trend: “A New Dawn – U.S. Election Fuels Market Optimism and Trend Resilience”
With the U.S. election delivering renewed confidence, November has kicked off on a brighter note for trend followers. Our latest report dives into how this pivotal event is shaping market dynamics across asset classes, setting a hopeful tone after October’s volatility. The TTU Trend Barometer has risen to 39, indicating a potential shift toward stronger trends as optimism grows.
Key Market Highlights:
- Russell 2000 soared +8.61%, reflecting a surge in U.S. small-cap stocks as investors eye pro-business policies from the new administration.
- Nasdaq 100 climbed +5.33%, bolstered by strong tech sector performance and reduced post-election uncertainty.
- Coffee rose +4.73%, driven by adverse weather conditions impacting supply and logistical challenges raising costs.
On the downside:
- VIX Futures dropped -24.35%, signaling a reduction in market volatility as election-related anxieties subside.
- Palladium fell -10.49%, continuing its downward trend as demand decreases with the shift to EVs and rising use of platinum substitutes.
This week’s report captures a market environment buoyed by renewed sentiment yet full of unique challenges across sectors. Trend followers are finding promising opportunities but must remain vigilant as the evolving economic landscape unfolds.
Full Report Now Available! Discover our in-depth analysis of this week’s trends and insights into how trend followers are navigating post-election optimism and managing risk in a dynamic market.