Here's what is happening in the markets today, Monday, December 4th
- S&P 500 closes at highs of the year
- 5-week win streak
- Santa Claus Rally? - The S&P 500 has historically posted gains 72.6% of the time
- Powell: “premature to conclude with confidence” that monetary policy is “sufficiently restrictive”
- Traders expecting rate cuts in March 2024
- Bitcoin rallies past $42,000 and is up 150% for the year
- Gold soars past $2,100 and makes new record highs
- Crude Oil lower
- Alaska Airlines (ALK) agrees to buy Hawaiian Airlines in $1.9 billion deal
PLUS: How we trade these markets and our current positions