ETF Monthly: October 2026 - Further weakness in November for most asset classes - StocksBNB
Review of asset classes performance in October - Most ETFs were in the red, with the top loser being the ETF tracking Bitcoin (BITO), which plunged 8.5%. On the other hand, the ETF tracking Oil (XOP) surged 13.6%. For their current trends, the S&P 500, Bitcoin and Singapore Equities are in a range consolidation. Conversely, US Treasury Bonds, Gold and the Hang Seng Index are in a downtrend. Oil is in an uptrend. Heading into November, we expect the ETFs tracking Oil and Bitcoin to consolidate sideways. Conversely, the ETFs tracking the S&P 500, US Treasury Bonds, Gold, Singapore Equities, and the Hang Seng Index are likely to pull back.
Review of asset classes performance in October - Most ETFs were in the red, with the top loser being the ETF tracking Bitcoin (BITO), which plunged 8.5%. On the other hand, the ETF tracking Oil (XOP) surged 13.6%. For their current trends, the S&P 500, Bitcoin and Singapore Equities are in a range consolidation. Conversely, US Treasury Bonds, Gold and the Hang Seng Index are in a downtrend. Oil is in an uptrend. Heading into November, we expect the ETFs tracking Oil and Bitcoin to consolidate sideways. Conversely, the ETFs tracking the S&P 500, US Treasury Bonds, Gold, Singapore Equities, and the Hang Seng Index are likely to pull back.
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