12/7 Post

 Thursday and Friday were rotational days holding Wednesday's prices. The market appears to be accepting these higher prices which is good if you are a seller, but it is also being driven by it's technical up trend and other bullish news factors:

On December 6, 2024, U.S. stock market performance was largely influenced by anticipation of upcoming Federal Reserve decisions and economic data releases. Key factors driving the market included:

1. Federal Reserve Policy Expectations: Investors were focused on the likelihood of a Federal Reserve interest rate cut during the December 18 meeting. Federal Reserve members suggested that inflation and employment metrics were approaching levels that might warrant a reduction in rates. The probability of a December rate cut was priced at over 75%【127†source】【129†source】.

2. Sector-Specific Developments: Technology stocks led gains, particularly within the Nasdaq, which hit a new record high. Meanwhile, the broader S&P 500 also posted modest gains as investor sentiment was buoyed by strong holiday sales data from Black Friday and Cyber Monday【127†source】.

3. Economic Data: Markets awaited upcoming reports such as November’s nonfarm payroll data and other employment metrics, which could significantly shape the Federal Reserve's decision-making process. Retail sales trends also painted a positive picture for consumer spending, aiding market sentiment【127†source】.

This combination of optimism surrounding Federal Reserve policy and robust consumer activity bolstered U.S. equity markets during the trading day.

12/4 Post

 Today, U.S. financial markets experienced significant gains, with the S&P 500 and Nasdaq Composite reaching new record highs. The rally was driven by investor optimism about a potential Federal Reserve interest rate cut later this month, boosting confidence in sectors such as technology, financials, and real estate. The dollar strengthened against major currencies, while anticipation of easing inflation added to positive market sentiment.

Despite broader economic concerns, market analysts remain cautiously optimistic, attributing much of the rally to improving macroeconomic conditions and expectations of a more accommodative monetary policy.

12/3 Post

 No change today. range day within the context of yesterday's range. Very short term market now in a 2-day range in the context of the longer term up trend. 

Today, U.S. stock markets saw notable gains, with the S&P 500 and Nasdaq Composite reaching record highs. This positive performance was largely driven by strong investor sentiment around a potential Federal Reserve rate cut later this month. Tech stocks, particularly within the semiconductor and cloud computing sectors, led the rally. Additionally, renewed optimism in the financial and real estate sectors contributed to broader market momentum.

These developments indicate growing confidence in economic resilience despite lingering concerns over inflation and global market dynamics.

Tuesday Dec. 2nd Notes

 Today the market held it all time high prices as the market continues its bull run. 6050 is the high price area.5870 is that pullback low, where the market pulled back to before continuing back to test the highs. 

Today saw steady volume as Financial stocks led the rally on optimism re: Federal Rate Cuts as treasury yields soften and eco data slightly contracts.