Outlook 12/31: Stock futures tick higher with SP500 set to close out second year in a row with 20% gain, driven by enthusiasm for rate cuts, economic strength and artificial intelligence. Despite the strong year-to-date performance, we're entering the final day of the year on sour note as market has lost some of its momentum in recent sessions. December has been a weak stretch for equities as investors take profits in some of 2024′s biggest winners and fears mount over rising rates into year-end. The SP500 is down 2.1% and headed for its worst month since April. The loss in momentum has also dashed investor hopes for a Santa Claus rally. Instead, the SP500 has dropped at least 1% during each of the past two trading days. The market is closed on Wednesday for New Year’s Day.
ESH25 (MAR2025): YVAH 5990 YPOC 5980 YVAL 5940 GAP 5955
/ES Plan: Last session market closed balanced, but overnight looks more bullish (PBT 6010), moving within previous value/range, so these're the opening and initial balance options for current session:
