A new all-time high awaits the S&P 500 as investors ‘buy into the euphoria,’ says this strategist

by | Dec 26, 2023 | Stock Market

Investors would be forgiven for wanting to sit out in the waning days of 2023, given recent volatility and the high hopes riding on that so-called Santa Rally. That said, the setup is looking positive for Tuesday as trading gets underway in a shortened trading week. With the big inflation data now past us, all investors have ahead of them is a smattering of U.S. housing data and weekly jobless benefit claims in the next few days. What…

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Investors would be forgiven for wanting to sit out in the waning days of 2023, given recent volatility and the high hopes riding on that so-called Santa Rally. That said, the setup is looking positive for Tuesday as trading gets underway in a shortened trading week. With the big inflation data now past us, all investors have ahead of them is a smattering of U.S. housing data and weekly jobless benefit claims in the next few days. What…

Master your money.

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Get this article and all of MarketWatch.

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