Entering the Christmas month! The Christmas market may continue to drive the U.S. stock market to new highs, with these sectors expected to become the "hottest opportunities"
Historically, in the seven trading days after Christmas, which include the last five trading days of the year and the first two trading days of the next year, investors tend to be more bullish, with a high probability of an uptrend in the U.S. stock market. This seven-day period is known as the 'Santa Claus rally.' Data shows that over the past 70 years, there has been an 80% chance of the S&P 500 index rising during these seven trading days.
USA drone stocks crashed on Monday.
The stock price of the drone concept stock Unusual Machines fell by 19.5% on Monday, but increased by 89% and 85% respectively on the previous two trading days. Previously, the support of drones by Musk and the news of Trump's son Donald becoming an advisor to Unusual Machines boosted its stock price.
Archer Aviation Options Spot-On: On December 2nd, 325.99K Contracts Were Traded, With 910.99K Open Interest
On December 2nd ET, $Archer Aviation(ACHR.US)$ had active options trading, with a total trading volume of 325.99K options for the day, of which put options accounted for 27.67% of the total
U.S. Small Caps Close Mixed As Novocure Lead, Archer Aviation Lags
Shares of Aerospace Companies Are Trading Lower Amid Possible Profit-taking. A Recent Media Report Also Highlighted the Potential Impact of Space Junk on Satellite Traffic.
Joby, Archer Stocks Are Getting Crushed. They're on a Wild Ride. -- Barrons.com