Technical Notes
NASDAQ Composite Index moved above 19,316.07 and NASDAQ 100 Trust $QQQ moved above $515.58 to an all-time high extending an intermediate uptrend.
Trade Desk $TTD a NASDAQ 100 stock moved above $132.65 to an all-time high extending an intermediate uptrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for December 2nd 2024
Green: Increase from previous day
Red: Decrease from previous day
Source for all positive seasonality ratings: www.EquityClock.com
Commodities
Daily Seasonal/Technical Commodities Trends for December 2nd 2024
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for December 2nd 2024
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
Bitcoin will close well above $100,000 before year-end, says Fundstrat’s Tom Lee
Bitcoin will close well above $100,000 before year-end, says Fundstrat’s Tom Lee – YouTube
Low Liquidity & Volume Heading into "Santa Clause Rally" Schwab Network
Low Liquidity & Volume Heading into "Santa Clause Rally" – YouTube
Can You Really Predict Stock Market Success Using the Yield Curve? David Keller
Can You Really Predict Stock Market Success Using the Yield Curve? – YouTube
Market Navigator: Trading lumber
Market Navigator: Trading lumber – YouTube
Market Euphoria vs Rational Optimism: Understanding Investor Sentiment: Guy Adami, Dan Nathan and Liz Young
Market Euphoria vs Rational Optimism: Understanding Investor Sentiment – YouTube
S&P 500 Momentum Barometers
The intermediate term Barometer dropped 3.20 to 67.80. It remains Overbought.
The long term Barometer was unchanged at 76.00. It remains Overbought.
TSX Momentum Barometers
The intermediate term Barometer dropped 7.31 to 57.53. It changed from Overbought to Neutral on a drop below 60.00.
The long term Barometer was unchanged at 75.34. It remains Overbought.
Disclaimer: Seasonality ratings and technical ratings offered in this report and at
www.equityclock.com are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered in this report is believed to be accurate, but is not guaranteed
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Equity Clock Publications