Monday Takeaways: December's First Week Could Decide Your Year-End Returns | | Shah Gilani Chief Investment Strategist | We're turning the page to December with a clean slate... But the ink is barely dry and the markets are already down. So much for last week's momentum. | SPONSORED | | Drill Baby Drill. The New Administration Has Big Plans for Oil. Click here to find out how you can profit from the next Oil Boom. | | | Here's what's going on... - The S&P 500 is within 1.5% of all-time highs after a spectacular rally
- November ended flat - zero gains for the month
- AI leadership has fractured between Nvidia (down) and Google (up)
- Money managers are desperate for year-end performance
This week's packed with data that will determine everything. Wednesday: ISM services, ADP employment, industrial production, import prices. Friday: PCE, personal spending, personal income, Michigan sentiment, consumer credit. Can stocks create enough momentum for the Santa Claus rally? Will money managers pile into names to show year-end performance? Or will this week's data kill the rally before it starts? I'll explain why the AI story's bifurcation creates serious problems for investors, what reaction to this week's data releases will tell us about market direction, and why December's first week might be the most important trading week of the entire year. Click here or on the image below to see if December delivers the year-end rally or crushes it. Cheers, Shah Want more content like this? | | | | | |
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