▶️ CPI DATA NEWS TODAY AT 14:30 UTC 🔴

🔷Mon: $ORCL Earnings
🔷Tues: $GME Earnings
🔷 Wed: CPI Inflation; $ADBE $M Earnings
🔷Thurs: PPI Inflation, Jobless Claims; $AVGO $COST Earnings⚠️
🔷 Fri: -

🔶 A relentless rally in U.S. stocks is showing few signs of slowing into year-end, even as rising valuations and signs of excessive speculation fuel worries that a pullback may be overdue.
🔶 The S&P 500 notched its 57th record close of the year on Friday and is up nearly 28% in 2024, driven by a robust U.S. economy, expectations of lower interest rates and excitement over the tax cuts and deregulation promised by President-elect Donald Trump.
🔶 Strong momentum has been a hallmark of the rally. The S&P 500 has gone over 13 months without straying 10% or more from its record high, the longest such streak in nearly three years. Historically, corrections of 10% or more have occurred once per year on average!
🔶Betting against a market in a strong uptrend has historically been risky: the S&P 500 has logged back-to-back annual gains of 20% or more five times since 1928, and has been higher three months later in each case, with an average gain of 6.3%
🔶The history of the VIX index suggests market calm may persist for a while. Once the index closes below the 14 level as it did in late November, it takes an average of 136 trading sessions to climb above the 20 mark - a level associated with moderate levels of market volatility.
#Crypto_Jobs🎯 #bitcoin☀️ #BinanceSquareFamily #Market_Update