Friday, January 3, 2025 9:37 AM EST
Year end bump predictably didn‘t last, and all clients reaped tremendous profits on the S&P 500 (and Nasdaq) slide I called – measured in hundreds of points. What allowed me to field such a high conviction call? As per yesterday‘s video, it was breadth and leaderless S&P 500 – XLE and defensives incl. XLRE don‘t count for me, and then we have more (mega)stocks to pay attention to – TSLA, AAPL and PLTR were my picks to win the index bears over yesterday.
And what did I bring up in today‘s quick premarket video to whet your appetite? Let‘s delve into what rising USD means for stocks, gold, silver, oil, and copper – starting with the dollar chart.
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Disclaimer: All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice. Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make. Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.
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