Factors Against an SPX Close A

2024-12-29

Factors Against an SPX Close Above 6000

1 Profit-Taking: After a strong year, investors might lock in gains, creating downward pressure on the index.

2 Volatility: Unexpected geopolitical or economic events, or low year-end liquidity, could lead to heightened market volatility, making it harder to cross 6000.

3. Resistance Levels: Psychologically, 6000 is a significant round number, often acting as resistance unless there’s strong momentum.

Meta Rallies 20 Days! Is It Too Late to Buy This AI Stock??

Meta has surged for 20 consecutive days, breaking the record. The longest consecutive gain record for big tech companies is 19 days. Meta is currently seen as the company with the highest AI monetization potential. With the stock price currently at a high, what price would you consider a good entry point for Meta?

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