Sunny bright price action
The November was a good month for Wall Street investors. We saw the S&P climb nearly 400 points or +9%. We are now back within striking distance to both the annual highs at 4610 points and the ATH at around 4760 points.
So we didn’t have to get sad within November Rain but could enjoy some bright upside last month. And the further outlook is also positive. Many Wall Street analysts like Bank of America forecast even higher levels for the S&P 500 in 2024. Most predictions range between 4700-5100 points. I also see higher courses next year and am looking forward to a possible christmas rally.
What are your predictions regarding the S&P for 2024?