Dear Student,
Markets are down about half a point as I write this, still hanging around record highs despite an incredible slew of news over the last few days, including…
- A crazy coup attempt in South Korea…
- Rebels overthrowing the Assad regime in Syria…
- A Chinese probe into Nvidia Corp. (NVDA) for antitrust violations…
Any one of these events would put pressure on markets.
Yet here we are, with all three happening at once, and markets are basically flat.
This rally has some real muscle. And as I showed you last week, the Money Calendar sees nothing but bullish opportunities through the end of the year.
This week is pivotal.
We’ve got a big data dump, with Consumer Price Index data dropping Wednesday and PPI data coming Thursday. So we’ll learn a lot about inflation – and if that data is favorable, expect a pop.
Oracle Corp. (ORCL) and Adobe Corp. (ADBE) report earnings this week, giving us a look at how the tech sector is performing. Oracle in particular is worth keeping an eye on. Costco Wholesale Corp. (COST) also reports this week, which should give us some insights into consumer spending heading into the holiday season.
Then next week, we’ve got the Fed’s December meeting, with traders already taking bets on what’s coming…
And it’s all just in time for the Santa Claus Rally… leading us to a very important question.
Are we heading for a market melt up in 2025?
That’s where we kick off the week – click below to watch your weekly Five Points update, where I’ll discuss:
- Bonds in the Golidlocks Zone: Why the Bond market is the perfect backdrop for stock stability.
- The Dollar’s Double Bounce: After cooling off earlier this year, the U.S. dollar has regained bullish momentum. I’ll show you the critical levels I’m watching.
- Oil’s Triangle Breakout: Oil prices are trapped in a consolidation triangle. I’ll show you why the $72 level is key.
- Bitcoin’s Next Big Move: Could Bitcoin’s latest consolidation be the calm before a surge past $100K—or a dip into bearish territory?
Just click below to watch now.
Cheers,
Tom Gentile
America’s Pattern Trader
