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All major market indexes have ascended higher since our last post on July 22, 2023 with the...

All major market indexes have ascended higher since our last post on July 22, 2023 with the DJIA, S&P 500, and NASDAQ Composite all seeing gains. There was however some choppy waters along the way as all three major indexes were in correction territory on October 27, 2023 however have since bounced back quite nicely. With that said this is what we predicted as we saw buying opportunities that would come along in the Fall months as we geared up for a potential holiday rally. The levels of the markets on October 27, 2023 were... DJIA was at 32,417.59 S&P 500 was at 4,117.37 NASDAQ Composite was at 12,643.01 At these levels we were at a correction however have since ascended to near all time highs for the DJIA and S&P 500. The levels of the markets at close on December 4, 2023 were... DJIA was at 36,204.44 S&P 500 was at 4,569.78 NASDAQ Composite was at 14,185.50 Since the close on October 27, 2023 the performance of the major market indexes has been very favorable. It was the DJIA that has ascended the most points while rising over 3,700.00 points or 3,786.85 or 11.68%. It was the S&P 500 that has ascended over 450.00 points or 452.41 points or 10.98%. It was the NASDAQ Composite that has ascended the most with regard to percentage as it has risen over 1,500 points or 1,542.49 points or 12.20%. All major market indexes faired very well in a November that saw remarkable gains as the United States gears up for 2024 which is of course is an election year which will inevitably affect all major indexes. The question remains whether we will see a continuation of this rally that carries over through the holidays and into the new year which is of course as mentioned an election year. Maybe we will see those 'FANTACY-Levels' all be it not this year or next! Below are the 'FANTACY-Numbers' or as I described previously as 'FANTACY-Levels" along with the percentage increase necessary for attaining them at the start of 2023 and as of yesterday December 4, 2023. DJIA 'FANTACY-Level': 42,400.00 which was 27.91% increase at the start of 2023. 42,400.00 would now be a 17.11% increase as of December 4, 2023. S&P 500 'FANTACY-Level': 5,800.00 which was a 51.06% increase at the start of 2023. 5,800.00 would now be a 26.92% increase as of December 4, 2023. NASDAQ Composite 'FANTACY-Level': 18,400.00 which would be an approximate 75.79% increase at the start of 2023. 18,400.00 would now be a 29.70% increase as of December 4, 2023.

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