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Today’s market session was relatively subdued, as investors await the Federal Reserve's statement on December 18th.

The prevailing market trend should guide your trading strategy. Avoid short positions during a bullish market, as upward momentum typically prevails.

For the trading week from December 2 to December 6, 2024, here is my analysis of the major U.S. indices:

TeraWulf Inc. (WULF) experienced a significant price increase, closing up over 11% for the day. The stock traded approximately 23 million shares.

On December 3, 2024, U.S. stock indices showed mixed performance with notable variations in trading volume, market sentiment, and high-low patterns.

Although it doesn't often make headlines in financial news, today's job openings are an important metric closely monitored by the Federal Reserve.

On Friday, November 22nd "I wrote a November 29th, $78 covered call on Upstart on shares that I own and took in $1.80 on. If you're not experienced in this area, you should not consider doing this."

The current bull market remains intact. But there could be potholes in the future. The Dow Jones Industrial Average, S&P 500, NASDAQ, and Russell 2000 all posted gains, with the Russell 2000 leading the way, recording the largest percentage gain of the day.

The spotlight this week is firmly on Nvidia's earnings. I expect the company to surpass expectations in both sequential revenue and earnings.