Skip to main content
research report

Globe editors have posted this research report with permission of Phases & Cycles. This should not be construed as an endorsement of the report’s recommendations. For more on The Globe’s disclaimers please read here. The following is excerpted from the report:

Despite the minor new all-time high for the S&P 500, it is likely that this trading range will continue, waiting for decisive news about the Election and more news about the potential of the new vaccines . Since the 39-week cycle low has come on time (at the end of October), market action should eventually be more positive, towards the next 39-week cycle high near mid-March.

Finalising the Election results and obtaining more details from Pfizer and other manufacturers of potential vaccines should help both Canadian and U.S. markets to reach new all-time highs.

Read the full report here.

Read other research reports here

Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. Sign up today.

Report an error

Editorial code of conduct

Tickers mentioned in this story