The fundamentals and now the technicals seems to support a return to 3,900 in the S&P 500 if not lower in 2024 may be in the cards.

sp500

1/4/24 #Stocks – #Macro – $SPX,  #Rates Mike’s Reading The Markets Macro Subscription Service on Seeking Alpha Some Recent Titles: RTM: Big Job Report On Deck RTM: Next Live Session…

There was nothing to lift stocks into the bell today, and it showed.

The bears may pounce on Goldilocks this week if the economic data doesn’t come in just right.

December 29 has turned into a mini monthly OPEX.

Stocks have been doing nothing, so I thought it was time to do something different.

Stocks were grinding all day, while the VIX was melting.

Stocks rebounded on December 21, 2023 but only to the 61.8% retracement level.

Stocks finished the day lower in an abrupt mid-day turn.

The circle of the market is never complete, and when it gets to one extreme is when it is likely to shift back to the other.

The last time this happened was in 2018 and the fall of 2020.

Stocks have rallied and reached extremely stretched valuations despite earnings estimates falling.

Stocks had a flattish day ahead of the big December Option Expiration

Either the Fed knows something or they just aren’t good at playing poker.

The stocks reached overbought as Credit spreads reached oversold levels one day ahead of the December FOMC meeting.

MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN AAPL, MSFT, AMZN, AND GOOGL. https://www.youtube.com/watch?v=np21J41m8pA Charts used with the permission of Bloomberg Finance L.P. This report contains independent commentary to…

This will be the capstone week of 2023

Stocks rallied on December 7, 2023, in front of the November job report

Stocks dropped as oil and copper tanked on December 6, 2023.

Stock fell slightly on December 5, 2023, but risk-off was the air.