ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
December 14, 2024 | Tech Talk for Saturday December 14th 2024
Don Vialoux
Donald Vialoux is author of the free blog Tech Talk, a daily investment report available during the past 20 years at www.timingthemarket.ca. Comments focus on the seasonal and technical outlook for equity indices, commodities and sectors. Mr. Vialoux has 53 years of experience in the investment industry and is a past president of the Canadian Society of Technical Analysts (CSTA).
The Bottom Line
Focus is on the FOMC Interest Rate Decision on the Fed Fund Rate released at 2:00 PM EST on Wednesday. Consensus calls for a 0.25% reduction.
The S&P 500 Index currently is following its traditional pattern in the month of December: Flat to slightly lower in the first half followed by the “Santa Claus rally” in the second half.
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Don Vialoux December 14th, 2024
Posted In: Tech Talk
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