NASDAQ reaches 20,000 point milestone! Tesla led a group of tech giants to reach new highs. Has the Christmas market started?

Historically, every year on the seven trading days after Christmas, that is, the five trading days at the end of the year and the first two trading days of the following year, investors tend to go long, and US stocks are likely to rise. This seven-day market is called the “Christmas market.” The data shows that in the past 70 years, the S&P 500 index has an 80% chance of rising in these seven trading days.

Futu News07:46

The USA CPI is as expected; did the Federal Reserve's interest rate cut in December become stable?

The latest CPI report indicates that inflation is not worse than expected, and analysts believe this paves the way for the Federal Reserve to cut interest rates by 25 basis points next week.

Golden10 DataDec 11 22:14

Daily Options tracking | Google surged for two consecutive days! The highest increase for call options was nearly 14 times; Tesla's stock price reached an all-time high, and Options trading continued to be explosive.

NVIDIA rose over 3%, with Options trading on that day reaching 3.1893 million contracts, and the proportion of Call Options has been increasing for several days, currently at 68.5%. Among these, the Call Options with a strike price of $140 expiring on December 13 had the highest Volume, with 0.269 million contracts traded.

Futu News12minutes ago

The worst start to a new fiscal year! The budget deficit in the USA is soaring.

Government spending in the USA has surged, and Musk's government efficiency department is expected to accomplish great things, but any cuts to spending could provoke resistance...

Golden10 Data27minutes ago

US Stock Market Gold Mining | Five major Technology giants soar together! Tesla joins hands with Google, Amazon, and others to create historical highs; Broadcom jumps over 6%, partnering with Apple to produce AI Chips, the market focuses on tonight's perf

Unexpectedly turned a profit, GameStop's performance exceeded Wall Street expectations, soaring over 7% after the announcement; semiconductor materials and equipment company Astera reached a new high, with an increase of 240% since going public this year.

Futu News43minutes ago

MicroStrategy Shares Could Surge Even Higher If Added to Nasdaq 100 on Friday, Crypto Analyst Says

MarketWatch46minutes ago