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December 22, 2024: Stage Set For Santa Claus Rally?

December 22, 2024: Stage Set For Santa Claus Rally?

Last week, Dow Jones lost 2.25%, S&P 500 fell 2% and Nasdaq was down 1.8%. That said, markets ended the week on a better note after the Fed’s less dovish outlook Wednesday. As we enter the seasonal Santa Claus period – it remains to be seen whether...
December 15, 2024:No One Went Broke Taking Profits

December 15, 2024:No One Went Broke Taking Profits

Markets ended the week mixed. NASDAQ was up 0.3% after hitting a record high Friday morning. Alphabet, and Broadcom rose on news, Tesla hit a record high. Dow Jones fell 1.8%, S&P 500 lost 0.6%. 10-year Treasury yield rose 25 basis points in its biggest weekly...
December 08, 2024: Software, AI and Bitcoin

December 08, 2024: Software, AI and Bitcoin

Last week, Dow Jones fell 0.6% after hitting a fresh all-time high Wednesday. S&P 500 was up around 1%, Nasdaq composite rose 3.3% — both indices set records on Friday. The Nasdaq could be looking extended here, as investors seem to have begun bidding up...
December 1, 2024: Great November, Ready For Santa

December 1, 2024: Great November, Ready For Santa

Last week, Dow Jones rose 1.4%, S&P 500 and Nasdaq were up 1.1% — Dow Jones and S&P 500 hit record highs. In November, Dow Jones gained 7.5%, S&P 500 5.7% (for their best monthly gains in a year), and Nasdaq rose 6.2%. OpenAI is conducting a share...
November 24, 2024: Rally Back On! IPOs On The Horizon

November 24, 2024: Rally Back On! IPOs On The Horizon

Last week, Dow Jones gained almost 2%, and set a record close Friday, S&P 500 and the Nasdaq composite were up around 1.7%.ServiceTitan, which sells software to help tradespeople such as plumbers, electricians and landscapers run their businesses, filed paperwork...