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- Santa Claus rally 🎄🎅
Santa Claus rally 🎄🎅
December's Market Recap
Hope everyone is having a blessed and joyful holiday season.
Here is how the major indices have performed vs. our swing trades account year-to-date.
S&P 500 $SPY +25.18% YTD
Nasdaq Composite $NDX +31.38% YTD
Russell 2000 $IWM +10.73% YTD
Dow Jones Industrial $DJI +14.07% YTD
vs.
Swing Trades +54.03% YTD
Comment below or reply back with “Swing Trades” for more information.
The santa claus rally kicked off last week -
normally a very bullish time for markets as investors chase high returns to end the year.
The last five trading days of the year and the first two trading days of the new year is called the Santa Claus Rally.
Join our Facebook group as we educate, encourage, and motivate others to seek what fuels them.
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There wasn't a lot of market-moving news and volume was thin ahead of another abbreviated week.
Here are the key takeaways for the month of December:
The Fed’s rates cute recalibration- the December FOMC decision to cut rates by .25% to 4.25%-4.50% came as expected but it was what Chairman Powell said about future rate cuts that left markets spooked.
- The median estimate for the 2025 fed funds rate was bumped up to 3.9% from 3.4%, signaling an outlook for only 50-basis points of easing in 2025 versus 100-basis points when the September projection was released 🔴
Treasury rates soared- after disappointing inflation readings which put pressure on risk on assets (stocks/options/crypto). The 10yr note is up +10.75% for the month going from 4.12% to 4.63% while the 2yr note move +6.4% hitting 4.35% from 4.10% in the beginning of the month 🔴
Bitcoin traded over $100,000- for the first time ever reaching a high of $108,000 on December 17th. There are some aggressive targets for BTC with analyst projecting it can reach $250,000-$500,000 in the next 12-24 months. Careful chasing up here though as we are at all time highs with an extreme greed sentiment reading which is usually a sign that a sharp pullback is near 🟡
S&P 500 Heat map for December
S&P 500 Sector performance for the month of December
S&P 500 Sector performance Year to Date 2024
🚨Our Trades Recap📊
(Blue arrows are our Buy alerts, Red arrows are Sell alerts)
$TSLA: Tesla continued to outperform ripping through our $470 target before finally pulling back some. Our TSLL swing tagged our $38 target for +374% gain.
It’s consolidating some now trying to build momentum for it’s next leg up however, don’t forget how far it’s come already so it is vulnerable to start pulling back some.
Company ticker — price sold at — entry price — percentage gained
$PLTR: our swing from $24 traded through our $80 target for +235% gain. It’s had a monster move since August where it was trading at $25 so wouldn’t be surprised if we saw a pullback come January.
Company ticker — price sold at — entry price — percentage gained
$AAPL: Apple after months of consolidation finally broke out to new all time highs and up +50% from our long-term investors callout back in April.
Our AAPU swing tagged $40 for +60% gain from our $26 entry.
Check out how some of our other swing trades did here.
Interested in getting our swing trade alerts? Reply back or comment “Swing Trade” below for more information.
*None of these stocks above are recommendations to buy, sell or trade. We do not give financial advice, you should always do your own due diligence and practice proper risk management.*
Look out for our next post later this week with tips to kicking off your 2025!
Wishing you and your family/friend’s a very happy New Year!
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We started a Facebook group in hopes of encouraging, inspiring and motivating others which is what the Mindset Money Matters brand is all about:
Encouraging others to:
To seek more → what fuels your passion
To challenge your mindset and look at things in a different perspective
To learn from each others experiences and be humble because we never know what someone else is going through
To uplift and want more from not only ourselves but those around us
If that aligns with you, I invite you to be a part of this movement and share it with whomever you think may also be interested.
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Thank you in advance 🤝
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See you next week! 👋
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