Broker Check

November 2023 - Monthly Outlook "Tis the Season"

November 08, 2023

I’m keeping this month report short and sweet.

October is behind us – thankfully – as it was not a good month in the financial markets. 

However, the markets had a nice rally coming out of October and into early November. Seasonally, November and December are historically 2 of the best months in the financial markets.


Source: Invictus Research


Stocks have been in a downtrend since the mid-August high (blue and red lines).  The rally over the last week has moved stocks back to the top of the channel.

 If stocks can break above the top of the channel, coupled with the positive seasonality, I think we see a nice move higher into the end of the year. 

The key level I am watching is 4,400 on the S&P 500.

We continue to remain broadly diversified and in line with target allocations. 

Please let me know if you have any questions or concerns.


November Calendar of Events   (comments and additions for future months are always welcome)

  • November is Long Term Care Awareness Month.   Please reach out to us if you have questions or concerns about your future long term care or that of a loved one


REMINDER!              Medicare open enrollment ends on 12/7/23 for coverage starting 1/1/2024 you can switch from original Medicare to Medicare Advantage, or vice versa. You can also switch from one Medicare Advantage plan to another, or from one Medicare Part D (prescription drug) plan to another. Please call us if you have any questions about your options.   


November 5th           Set those clocks back

November 7th           Election Day  - be sure to vote

November 11th         Veterans Day – says thanks a Vet

November 23rd        Thanksgiving – have a wonderful holiday 


Best regards



Sources:  Invictus Research,



Although information herein has been obtained from sources deemed reliable, its accuracy and completeness are not asserted. All opinions and estimates included in this report constitute the judgment of the financial advisor as of the dates indicated and are subject to change without notice. This report is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security.

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