Image Source: Pixabay
 

In this video, Ira Epstein discusses the recent financial market activities, focusing on the implications of the triple witching day, which saw a significant increase in trading volume. He explores the potential onset of the "Santa rally," noting historical trends where the S&P 500 typically rises during the last two weeks of December.

Epstein also comments on the energy markets, highlighting supply issues rather than demand-driven factors, and touches on geopolitical tensions involving Venezuela.

Additionally, he reviews currency movements, particularly the Japanese yen following an interest rate hike by the Bank of Japan, and provides technical analysis of the S&P 500, suggesting a possible breakout if certain levels are cleared.

Video Length: 00:10:55

More By This Author: