Outlook 01/02: Stock futures higher on Thursday as trading got underway for 2025, with hopes that the market can regain the momentum that propelled the SP500 to log two-straight years of annual gains above 20%. It will be difficult for a “Santa Claus rally” to materialize. That well-known market indicator is usually characterized by rising stocks in the five final days of a calendar year and the first two trading days of January. The holiday-shortened week has been light on economic data, but a jobless claims report on Thursday showed both initial and continuing unemployment claims falling week over week.
ESH25 (MAR2025): YVAH 5957 YPOC 5939 YVAL 5922 GAP 5938
/ES Plan: Last session market closed bearish, but overnight looks more bullish (PBT 6023), moving above previous value/range, so these're the opening and initial balance options for current session:
