Page 2 - Bari Wald News Today

The Santa Claus Rally period starts on Friday, December 22, with stocks rising an average of 1.3%. The odds favor Santa Claus’ arrival with good bull market cheer.

Some expect small- and mid-cap growth names will benefit from an expansion in the market's rally, and the boost from artificial intelligence. 

Investors will eagerly parse through Fed Chair Jerome Powell's commentary for any signal into when rate cuts can be expected in 2024.

Some market observers worry the index could be getting ahead of itself.

A popular measure of volatility is drawing attention as it drops to fresh lows. But some investors are worried it could be a precursor to a bearish surprise ahead.  

The SPDR S&P Software & Services (XSW) is heading back toward its highs of the year.

In Antigua, all of the contradictions of life in 2023 were on full display: lots of spending, and lots of worries about spending.

"All big rallies start with a golden cross, but not all golden crosses lead to a big rally," technical analyst Ari Wald of Oppenheimer has said.

"All big rallies start with a golden cross, but not all golden crosses lead to a big rally," technical analyst Ari Wald of Oppenheimer has said.

The index's 50-day moving average is close to crossing over its 200-day moving average, which can signal that momentum is weakening or sentiment is souring.