Historically, this period has

2024-12-23

Historically, this period has yielded positive returns approximately 76% of the time since 1999, with an average gain of 1.7% when a rally occurs.

As of today, the S&P 500 has gained over 23% this year. However, December has seen declines, raising concerns about the likelihood of a Santa Claus Rally. The Federal Reserve’s recent indication of fewer interest rate cuts in 2025 has contributed to market volatility.

Despite these challenges, some analysts remain optimistic. They note that the market’s primary uptrends are still intact and the economy remains strong, suggesting the possibility of a year-end rally!

Fingers crossed!

S&P 500 Hits 6100! Can Big Tech Earnings Boost January Rally?

The S&P 500 hit a new high yesterday, reaching 6118 points. Next week, major tech companies will report their earnings. Tesla, Microsoft, and Meta will release their earnings after Wednesday’s market close, while Apple will report after Thursday’s market close. Can Big Tech drive further market gains? Which major tech company are you optimistic about?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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