[URL unfurl="true"]https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-step-higher-as-nvidia-earnings-loom-large-121829280.html[/URL]
[URL unfurl="true"]https://finance.yahoo.com/news/why-nvidia-earnings-could-be-a-sink-or-swim-moment-for-this-bull-market-110052006.html[/URL]
Well, I stayed in for the most part. Let's see what happens.
[URL unfurl="true"]https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-futures-rise-as-investors-weigh-nvidia-earnings-130551493.html[/URL]
On what grounds?
On what grounds?
I'm a pessimist. But the business world disagrees with me
[URL unfurl="true"]https://finance.yahoo.com/news/live/stock-market-today-sp-500-dow-futures-pause-near-records-ahead-of-key-inflation-data-120116218.html[/URL]
[URL unfurl="true"]https://www.foxbusiness.com/markets/why-esg-oriented-etfs-going-away[/URL]
[URL unfurl="true"]https://finance.yahoo.com/news/live/stock-market-today-nasdaq-jumps-aims-for-record-as-stocks-kick-off-final-month-of-banner-2024-130323444.html[/URL]
[URL unfurl="true"]https://www.foxbusiness.com/media/stuart-varney-democrats-want-piece-your-stock-market-action[/URL]
*What we need is not new taxes. It's growth and that's what Trump is offering. He would keep his tax cuts in place and take less off corporations.
He'll let loose Elon Musk and Vivek Ramaswamy to shrink the bloated bureaucracy and cut costs. That is a plan.
One last thing. What the Democrats really want is a piece of the stock market action. They've seen the rally. They know that millions of people have made serious money.
That's why they tried a wealth tax designed to take your stock profits whether you had the money or not. They lost this time around, but they will be back.
[SIZE=5]My personal political favorite, Margaret Thatcher, put it best, "The problem with socialism is that eventually you run out of other people's money."[/SIZE]*
[URL unfurl="true"]https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-slip-after-key-jobs-data-shows-surprise-rebound-in-openings-162305738.html[/URL]
[URL unfurl="true"]https://finance.yahoo.com/news/live/stock-market-today-nasdaq-dow-sp-500-hit-pause-on-rally-as-jobs-data-looms-bitcoin-tops-100000-105954551.html[/URL]
[URL unfurl="true"]https://finance.yahoo.com/news/live/stock-market-today-nasdaq-pops-dow-lags-after-crucial-jobs-report-boosts-fed-rate-cut-odds-143107173.html[/URL]
Black Friday online shopping this year [SIZE=7]set a new high[/SIZE], reaching $10.8 billion in sales, according to Adobe Analytics, which tracks U.S. e-commerce data.
That's more than double what online consumers spent on online shopping in 2017, when sales were just over $5 billion, according to Adobe.
U.S. air [SIZE=7]travel set a new record [/SIZE]over the Thanksgiving weekend
Travel through U.S. airports set a record at the close of the Thanksgiving weekend, officials said, despite serious snowfall in parts of the country.
[HEADING=2]S&P 500 2 Year Return (I:SP5002YR)[/HEADING]
47.85% for Nov 2024
[SIZE=6]AWESOME RETURN OVER LAST TWO YEARS!![/SIZE]
[HEADING=2]Why there's a clear path for the Santa Rally[/HEADING]
[IMG alt="Sam Boughedda"]https://i-invdn-com.investing.com//news/providers/investing-new.png[/IMG]
Author[Sam Boughedda]('https://www.investing.com/members/contributors/245462300')
[Stock Markets]('https://www.investing.com/news/stock-market-news')
Published 12/09/2024, 10:03 AM
[IMG alt="© Reuters "]https://i-invdn-com.investing.com/news/moved_LYNXNPEK33099_L.jpg[/IMG]
© Reuters
US500
-0.59%
Investing.com -- The much-anticipated Santa rally seems set to continue, driven by a combination of "Goldilocks" economic data, supportive Federal Reserve policies, and solid earnings results, according to Sevens Research.
Key economic indicators released last week offered a balanced view of growth and stability, according to the firm.
They noted that the ISM Manufacturing PMI improved, signaling reduced contraction, while the Services PMI cooled slightly to mitigate fears of economic overheating.
Meanwhile, the latest jobs report highlighted steady labor market growth, with around 150,000 jobs added per month in October and November.
The Federal Reserve remains committed to easing monetary policy, with Sevens stating that commentary confirmed the likelihood of a 25-basis-point rate cut in December.
They added that corporate earnings, particularly from tech and consumer sectors, further buoyed sentiment with solid results. This trifecta of growth, falling rates, and stable earnings has propelled the [S&P 500]('https://www.investing.com/indices/us-spx-500') to new heights, now above 6,000.
Looking ahead, the "clear path" for the rally into year-end could face challenges in early 2025, says Sevens.
The "optimistic set up has, as usual, been taken to limits by investors," writes the firm.
They explain that elevated valuations (22x forward earnings) suggest potential vulnerability to policy or economic disappointment.
Risks are said to include policy gridlock in Washington, geopolitical tensions, and tariff threats under the incoming Trump administration.
However, Sevens Research maintains an optimistic medium-term outlook. As long as economic growth persists, rate cuts continue, and corporate performance remains stable, any volatility may provide buying opportunities. Cyclical sectors, including financials, industrials, and energy, are well-positioned to benefit from these dynamics.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure [U][here]('https://www.investing.com/news/stock-market-news/why-theres-a-clear-path-for-the-santa-rally-3761763#')[/U] or [remove ads]('https://www.investing.com/ad-free-subscription?source=desktop&medium=article_ad').
Sevens concludes: "The path to a continued rally into year-end is clear, but at the same time we should all be prepared for 2025 to start with some volatility around headlines from potential policy disappointment, a possibly slightly slower pace of rate cuts in 2025, and geopolitical saber rattling and/or tariff threats."
[HEADING=2]Which stock should you buy in your very next trade?[/HEADING]
AI computing powers are changing the stock market. Investing.com's ProPicks AI includes 6 winning stock portfolios chosen by our advanced AI. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. Which stock will be the next to soar?
[Unlock ProPicks AI]('https://www.investing.com/pro/propicks')
[HEADING=2]Latest comments[/HEADING]
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Comment Guidelines
[Cw Alexander]('https://www.investing.com/members/247535930')54 minutes ago
January downturn drop is coming
Reply10
[Steve Boyle]('https://www.investing.com/members/259993868')25 minutes ago
Today feels like topping action in a lot of high flying stocks.
Reply10
[Tyrone Gregory]('https://www.investing.com/members/210998041')56 minutes ago
I feel like this rally with artiicles like this is a trap to draw liquidity from retail when everyone is talking about the market at the family holiday gatherings. All the ape bros gonna convince granny and uncle to go all in just to hold the bag for 2 years
Reply30
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Binance CEO on Trump's Re-Election, Bitcoin
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[HEADING=2]Why there's a clear path for the Santa Rally[/HEADING]
[IMG alt="Sam Boughedda"]https://i-invdn-com.investing.com//news/providers/investing-new.png[/IMG]
Author[Sam Boughedda]('https://www.investing.com/members/contributors/245462300')
[Stock Markets]('https://www.investing.com/news/stock-market-news')
Published 12/09/2024, 10:03 AM
[IMG alt="© Reuters "]https://i-invdn-com.investing.com/news/moved_LYNXNPEK33099_L.jpg[/IMG]
© Reuters
US500
-0.59%
Investing.com -- The much-anticipated Santa rally seems set to continue, driven by a combination of**[SIZE=6] "Goldilocks" economic data, supportive Federal Reserve policies, and solid earnings results, according to Sevens Research.
Key economic indicators released last week offered a balanced view of growth and stability, according to the firm.[/SIZE]**
They noted that the ISM Manufacturing PMI improved, signaling reduced contraction, while the Services PMI cooled slightly to mitigate fears of economic overheating.
[SIZE=5]Meanwhile, the latest jobs report highlighted steady labor market growth, with around 150,000 jobs added per month in October and November.[/SIZE]
The Federal Reserve remains committed to easing monetary policy, with Sevens stating that commentary confirmed the likelihood of a 25-basis-point rate cut in December.
They added that corporate earnings, particularly from tech and consumer sectors, further buoyed sentiment with solid results. This trifecta of growth, falling rates, and stable earnings has propelled the [S&P 500]('https://www.investing.com/indices/us-spx-500') to new heights, now above 6,000.
Looking ahead, the "clear path" for the rally into year-end could face challenges in early 2025, says Sevens.
The "optimistic set up has, as usual, been taken to limits by investors," writes the firm.
They explain that elevated valuations (22x forward earnings) suggest potential vulnerability to policy or economic disappointment.
[SIZE=7]Risks are said to include policy gridlock in Washington, geopolitical tensions, and tariff threats under the incoming Trump administration[/SIZE].
However, Sevens Research maintains an optimistic medium-term outlook. As long as economic growth persists, rate cuts continue, and corporate performance remains stable, any volatility may provide buying opportunities. Cyclical sectors, including financials, industrials, and energy, are well-positioned to benefit from these dynamics.
Thank you President Trump.
Once the world reallized President Trump is already in charge, things are lookin up.
TWO YEAR GRAPH....TURN UPSIDE DOWN FOR NEXT TWO YEAR FORECAST LOL
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