Riding the Post Election Wave and My Weekly Portfolio Moves
November 11, 2024 - Update
Let’s start with the NASDAQ weekly chart. The index had a very strong week, closing up +5.7%:
All key moving averages are pointing upward.
Strong bullish candle with high volume.
The NASDAQ is outperforming the S&P 500.
Positive momentum, with a recent bullish crossover in the MACD.
We are not yet in an overbought zone.
From a macro perspective, we have:
