By Eric Parnell, CFA on November 15, 2023 Great Valley Advisor Group is excited to present the latest episode of our video series featuring our Chief Market Strategist, Eric Parnell, CFA. At under 3-minutes each, these bi-weekly videos are meant to provide concise observations on relevant economic indicators to strengthen your knowledge and understanding of current market trends. It’s a great time of year for investment markets. In our last video we were seeing stocks and bonds falling with no end in sight, however a lot of progress has been made on the equity market side in the last few weeks. Since that time we saw an explosion to the upside in stock prices, breaking through resistance levels across the board. Stocks are holding above the 50 day moving average which is important, and as we enter the holidays, there’s good reason to think stocks have more room to move to the upside. There’s also reason for optimism on the bond side. Watch the full video to see why. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth may not develop as predicted.