The holidays are behind us, and we already have some key updates to share! Looking at the S&P 500, we’ve seen another test of the 50-day moving average. While this might raise some eyebrows, we’re not concerned. These tests are actually a sign of a healthy, upward-trending market. We’ll hold off on any conclusions until this phase plays out.
Are we still in a melt-up? Not as we enter the new year. So, what’s next? The Q4 earnings season kicks off on Wednesday, January 15th, and will continue into the first week of February with reports from major players like Amazon, Apple, Meta, and others. Once we have a clearer picture, we’ll be in a better position to make assessments.
Stay tuned for more insights throughout 2025, and be sure to subscribe for our weekly video updates!