Stocks ready to close out powerful 2020 as risks loom in January

  • 📰 CNBC
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

The bull market will be ready to run into 2021 but probably at a slower pace.

Stocks are expected to close out 2020 in the week ahead with double-digit gains, but as the market moves into 2020 the rate of advance could slow.

If the market is higher in the first five days, history shows the S&P 500 has been up 82% of the time for the full year with an average 12.5% gain, he notes. "I don't feel strongly that the first few days of January has to set the direction for the market for the balance of the year," said Michael Arone, chief investment strategist at State Street Global Advisors. "If in fact [stocks] do rally, it's more of a sign of strength. But if they suffer a hiccup, I wouldn't throw in the towel."

But Stovall said the market could rally on a Democratic victory if investors were to consider the prospect for a bigger infrastructure and stimulus package favored by Democrats.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

See all is manipulate . Play with stumili . Play with polític . Blackrock , jp Morgan goldman sach . They want more and more .

90% of news about covid and trump

💙🙏🙏💙

I don't believe in Christmas wishes. But I wish for the stock market to tank and all of these assholes that profited on the pandemic lose every single dollar they made.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Year in Stocks: 2020 Tossed in the Streaming Cyclone“May you live in interesting times.” This past year calls to mind that old saying, allegedly an ancient curse directed at one’s enemies. But 2020, with all its tumult and terror, isn’t one to forge…
Source: Variety - 🏆 108. / 63 Read more »

Among the best market calls of 2020 are some overlooked stocks that soaredThey called the selloff and the bounce, and they picked stocks no one was looking at. These are the best market calls of 2020. From here, we'll speak to some... I made a killing. The best call in 2020 was also the easiest, don’t sell.
Source: MarketWatch - 🏆 3. / 97 Read more »

Boosted by tech stocks, Norway wealth fund earns $123 billion in 2020Norway's $1.3 trillion sovereign wealth fund, the world's largest, earned a return on investment of 1.07 trillion Norwegian crowns ($122.7 billion) in 2020, the second highest in its 25-year history, it said on Thursday. But have they gone long deep out of the money call on $GME ? Pretty sure denmark owns like 2.4% of gamestop rn And this without short selling I guess:))
Source: Reuters - 🏆 2. / 97 Read more »

These are the best performing Nasdaq and S&P 500 stocks of 2020COVID-19 has rewarded companies at the cutting edge of mobility and remote working. Here are the best performing Nasdaq and S&P 500 stocks of 2020:
Source: MarketWatch - 🏆 3. / 97 Read more »