October 2024 Update – Validea’s Guru Investor Blog

Below is our trend following update for October 2024. Our trend following system uses multiple moving averages to identify the long-term trend across a variety of stock indices, asset classes, sectors and investment styles.

All major asset classes and stock indices are currently rarely in an upward trend. Last month’s only laggard, commodities, has now shifted and is also in an uptrend.

According to our system, all sectors remain in an upward trend.

Across the value and growth spectrum, all investment styles continue to trend upwards

For more information about our trend following system or to view details on individual assets, click on the links below:

Further research

Trend following system

S&P 500 trend following

NASDAQ trend following