Market Outlook - Dec 2023

Goodgolddays
2023-12-04

Major indexes gained at least 8% last month! That’s super impressive! As a result, they all snapped their 3-month losing streaks. Adding on to that, the S&P 500 closed at its highest level of 2023!

What should we expect in December? Check out my latest video :)

Stocks covered in the video (technical analysis) – SPY, Apple, Tesla, Google + Option trades

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US Stock Market Outlook – Dec 2023: More Melt Up?

https://youtu.be/ES4saCWUPE8 

$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ Trust-ETF(QQQ)$ $Tesla Motors(TSLA)$ $NVIDIA Corp(NVDA)$ $Microsoft(MSFT)$ $Meta Platforms, Inc.(META)$ 

Will Santa Rally hit the streets?
S&P 500 rose by 8.92% in Nov. The market has been waiting for pullback but also expects for Santa rally. Some stocks retrace 1/2%, and broader market remains elevated at 4500. --------------- Will the Santa Rally hit the streets? How do you trade in December? Will the last month bring more gains?
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.

Comments

  • Kevinshen2023
    2023-12-06
    Kevinshen2023
    Looming rate cut providing soft cushion for slow us economy.
    • Goodgolddays
      Let’s see if the rate cuts can come in 1H 2024
  • coolguy001
    2023-12-06
    coolguy001

    Investing in tech stocks right now is actually a bit dangerous

    • Goodgolddays
      Its a little overheated, but many do not want to loss out on more upsides
  • CornerSteve
    2023-12-06
    CornerSteve

    I didn't expect the stock market to rise like this

  • neversell
    2023-12-06
    neversell

    The performance of the S&P 500 is really impressive

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