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December 29, 2024: Waiting For Santa Claus Rally

December 29, 2024: Waiting For Santa Claus Rally

Even as markets rallied for most of last week, and closed up, Friday could have given some investors pause. Last week, Dow Jones gained 0.35%, S&P 500 rose 0.7%, Nasdaq Composite was up 0.8%. Palantir and Anduril, are in talks with about a dozen competitors to...
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...