October was the best month for Stocks in the last 4 years. The good momentum may continue to November.
U.S. stock futures are climbing back up from earlier lows. The S&P 500 is getting closer to an all-time high.
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Hot Turkey
Turkey's main Istanbul index is surging around 5% after the ruling AKP party won a surprise outright majority in parliamentary elections. The lira is also jumping versus the U.S. dollar.
"A period of prolonged political uncertainty has come to an end, hence the strong rally of the Turkish lira," explained Simon Smith, chief economist at FxPro.
Still, Turkey's economy remains vulnerable to any rise in U.S. interest rates because of its yawning current account deficit and some analysts say the gains may be short-lived.