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US and European stocks end the week, and the month, on a high
Manage episode 453157988 series 3360361
It was probably too soon for the S&P 500 to feel the impact of Black Friday, but the index did just fine without it, closing the day, the week, and the month higher. The same could be said for the Dow Jones Industrial Average and the Nasdaq Composite. The small cap Russell 2000 saw the biggest monthly gain though – up 10% since Donald Trump won the election. European stocks shrugged off poor inflation data to see the Stoxx 600 also close November 0.96% higher. Europe is now focused on political events in France. Mensur Pocinci, Head of Technical Analysis, joins the show to talk on a range of topics, including why the charts still look good for the S&P 500 as we head into year end.
00:00 Introduction by Helen Freer (Investment Writing)
01:00 Markets wrap-up by Bernadette Anderko (Investment Writing)
07:23 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis)
09:14 Closing remarks by Helen Freer (Investment Writing)
Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
622 episodes
Manage episode 453157988 series 3360361
It was probably too soon for the S&P 500 to feel the impact of Black Friday, but the index did just fine without it, closing the day, the week, and the month higher. The same could be said for the Dow Jones Industrial Average and the Nasdaq Composite. The small cap Russell 2000 saw the biggest monthly gain though – up 10% since Donald Trump won the election. European stocks shrugged off poor inflation data to see the Stoxx 600 also close November 0.96% higher. Europe is now focused on political events in France. Mensur Pocinci, Head of Technical Analysis, joins the show to talk on a range of topics, including why the charts still look good for the S&P 500 as we head into year end.
00:00 Introduction by Helen Freer (Investment Writing)
01:00 Markets wrap-up by Bernadette Anderko (Investment Writing)
07:23 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis)
09:14 Closing remarks by Helen Freer (Investment Writing)
Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
622 episodes
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