JACQUARY
2024-12-24

S&P 500 Index to close or before first Quater 2025at or above 6100

As of late 2023, the S&P 500 is around 4000–4500. Reaching 6100 by the end of 2024 would represent an approximate 35-50% increase, which is a high bar. While possible under exceptionally strong market conditions, it would likely require extraordinary earnings growth, favorable economic conditions, and investor sentiment.However, markets tend to be volatile, and predicting such specific outcomes is highly speculative. Long-term trends suggest that the S&P 500 has generally trended upwards over decades.

Amazon, Alphabet Earnings: Will Cloud and Ad Growth Estimates Be Met?
Alphabet and Amazon will release earnings this week. The market widely expects Alphabet's fourth-quarter revenue to be $96.69 billion. Google Search and YouTube revenues are projected to grow by 10% and 11%. Amazon's upcoming earnings will focus on AWS performance. In Q3, AWS revenue was $27.5bn, up 19% YoY, meeting expectations. With the stock hitting a new high ahead of the earnings report, can Google continue to grow? Do you see growth potential for Google and Amazon in AI and advertising? Is it possible for the stock to hit a new high after the earnings report?
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