Wednesday, November 8, 2023

Market Prediction for 11/09/2023

 Market for 11/08/2023 is UP by 0.1% and prediction is just correct INX 4,382.78 +4.40 +0.10% : S&P 500 - MSN Money 

Let's focus on tomorrow's prediction:

+ve(UP) reasoning:

  1. Santa Claus Rally, may be?
  2. Dow futures are up - DWCF | Dow Jones U.S. Total Stock Market Index Overview | MarketWatch

-ve(DOWN) reasoning:
  1. S&P futures are down - S&P 500 E-Mini | Index Futures | Markets Insider (businessinsider.com)
  2. Interest rate is high.
  3. Marco view and geo-political situation.
  4. Oil price is slightly up - Crude Oil Prices Today | OilPrice.com


Looking at the S&P future and oil price, am predicting that market will be down tomorrow (11/09/2023).



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