Indicator of the Day (video): Nasdaq – Cohen High Low Index Our Applied Stock Market Indicator of the Day is: Nasdaq – Cohen High Low Index
Be in the know. 12 key reads for Saturday… GM, Ford report best annual U.S. sales since 2019 as auto recovery continues (cnbc) The Stock Market Is Like a Fashion Show, and Here’s One of Its Hot Must-Haves (wsj) Financial expert says next few months for markets will be ‘choppier ’ (foxbusiness) Portfolio manager outlines ‘reasons’ that will contribute to new market ‘highs’ in 2025 (foxbusiness) E-commerce giants jump on China’s latest trade-in programme amid heated competition (scmp) Alibaba ties up with Lee Kai-fu’s unicorn as China’s AI sector consolidates (scmp) Consumption Subsidies Expanded to Mobile Phones and Electronics, Week in Review (chinalastnight) House Republicans Pledge Drilling and Make It Easier to Shed Federal Land (nypost) PBOC Reiterates China Rates, Reserve Ratio to Be Cut ‘At Appropriate Time’ (bloomberg) Can Gucci Find Its Cool Again? (bloomberg) Forget Santa: Stock-market bulls look to ‘January barometer’ for clues on 2025 (marketwatch) Natural Gas Stocks Have Momentum—and Cold Weather (barrons)
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Indicator of the Day (video): DJ Transport Stocks Above 200 EMA Our Applied Stock Market Indicator of the Day (in 60 Seconds or Less) is: DJ Transport Stocks Above 200 EMA