Previous Tidbits

Following the U.S. presidential election on November 5, 2024, where Donald Trump secured victory, U.S. stock markets experienced a significant surge.

The concept of a "Santa Claus Rally" refers to a historical trend where stock markets often experience gains during the end-of-year holiday period.

It looks like the sharp market decline could be "panic selling," highlighting a significant surge in the CBOE Volatility Index (VIX), which jumped significantly (74%)—the second-largest increase on record.

The Federal Reserve reduced its benchmark federal funds rate by 25 basis points, bringing it to a range of 4.25% to 4.5%. This marks the third consecutive rate cut this year.

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.