Is The Santa Rally Over? What It Means For Stocks In 2024
Ryan Detrick of The Carson Group compared the pullback to an absence of Santa Claus rallies and subsequent losses in the years 2000 and 2008.
Musk Vs. Bezos In Billionaire Space Race As Blue Origin Bids For United Launch Alliance
The U.S. space race is hotting up as reports suggested that United Launch Alliance is being stalked as a potential takeover target
M&A Activity Slows In 2023 Despite Exxon, Chevron Mega Deals: Brighter Prospects In 2024
Global M&A activity fell to worst levels in a decade in 2023, but some mega-deals announced & experts anticipate improved 2024.
VIX Index At Three-Year Lows: Does Wall Street’s Fear Gauge Foresee A 2024 Stock Rally?
the VIX at current levels is responding to the high levels of risk appetite present in the financial markets following a strong couple of months for equities
End-Of-Year Rally For Oil As Red Sea Tensions Drive Up Shipping Costs
Oil prices up 9% in past week due to Middle East tensions, BP suspending shipments.
‘Magnificent 7’ Widens Gap With Rest Of S&P 500, But That May Change In 2024
The Mag7 is up 75% over the year, while the S&P 493 — the S&P 500 minus the Mag7 — is up just 12%
Small Caps Are ‘Outperforming Everything,’ Analyst Says: This Rally’s Been ‘Years In The Making’
Small caps are currently outperforming the Mag7 and the large caps "since the end of November," Piper Sandler's Craig Johnson says.
Strong Homebuilder Performance In November Hints At 2024 Tailwind For ‘Plow-Horse Economy’
Construction could be a major tailwind to economic growth in 2024 if demand for new homes remains robust.
Goldilocks 2024: Investors Increasingly Optimistic On Profits Outlook For Next Year
Equity allocation is on the rise as investors expect rally to continue, but some trades are becoming overcrowded, particularly Big Tech.
The Carnival Is Not Over: A Remarkable Bounceback For Cruise Industry After Punishing 2 Years
The recovery of shares in cruise line operators Carnival (NYSE:CCL) & Royal Caribbean (NYSE:RCL) has been remarkable, shares have doubled in 2023.