Final Lap, Wall Street Dazzles!
....................................................................................................................
Good morning, traders!
Here we are!
The last Friday of 2024! What a year it’s been.
The markets have seen their ups and downs, but as we roll into the holiday season, there’s been a welcome splash of green across Wall Street.
It’s that time when we look back, take stock of our wins, and also learn from the challenges.
As we wrap things up for the year, remember, it's not just about the numbers - it's about the mindset.
The holidays are a perfect time to reset and recharge, because the fresh opportunities of 2025 are waiting.
🌙 Gold’s Silent Night!
Gold steadies in holiday lull. The golden glow dims as markets snooze through the holiday haze. But will the Fed’s 2025 play light the way to a bullion breakout?
🔮 Bitcoin Price Prediction 2025
Speculators are holding their breath as Bitcoin teeters between opportunity and uncertainty. Will 2025 crown it king again, or is turbulence ahead?
❄️ Wall Street’s Delivering Holiday High!
Wall Street ended the week on a high note, with the Santa rally lifting investor spirits. Is this the start of a bullish trend, or just holiday magic fading fast?
📉 Nikkei and CSI 300 Slip as Christmas Brings No Respite
While global markets took a breather, the Nikkei and CSI 300 closed lower amid economic concerns in Asia. Weak growth data from China added to the gloom, leaving investors cautious about regional prospects.
👑 Memecoins Still Rule! Top Investors Interest in 2024
Coingecko reports that memecoins are leading investor interest into 2024, defying skeptics yet again. Low costs and community hype are driving this quirky segment of the crypto market.
🏃💨 Ethereum Could Outperform Bitcoin in January 2025?
An analyst predicts Ethereum could outperform Bitcoin in early 2024, citing favorable market dynamics and technical factors. As institutional interest in ETH grows, its potential to steal the spotlight from BTC is rising.
🎄Global Markets Pause for Christmas: Asia Dips, U.S. Shines
Asian markets closed mostly lower on Christmas Day, with Tokyo's Nikkei 225 down 0.1% and Shanghai's Composite index slipping 0.2%. Get full market wrap in this article.
Oracle (ORCL)
On December 23rd, I recommended adding a second position in Oracle (ORCL), which has proven to be well-timed as the price has begun moving upward.
The stock is currently advancing toward our first entry price and is showing a 0.63% gain from our break-even level.
I plan to hold this position for the next one to two days before taking profits.
EXXON MOBILE (XOM)
Regarding Exxon Mobile (XOM), the situation is developing favorably, and I'm taking the opportunity to add a final position at $106.57, which will adjust our break-even price to $109.84.
We'll monitor this position's progress over the next few days.
SCHLUMBERGER (SLB)
Schlumberger (SLB) is also showing signs of improvement, leading me to add a third and final position at $37.73, bringing our new break-even price to $39.21.
For now, we'll focus on managing these three positions and aim to close them profitably to end 2024 on a strong note.
We'll resume our new stock recommendations next week as we begin trading in 2025.
Think Trading Will Burn Through Your Wallet Like a Fire Pit? Let’s Fireproof It!
The fear of losing your hard-earned money can make trading feel as risky as throwing cash into a fire pit.
It’s a valid concern - especially if you’re new and unsure where to start.
But trading doesn’t have to mean taking wild risks.
With the right tools and guidance, you can protect your capital while learning to grow it.
These newsletters act like a fireproof shield for your wallet, offering strategies and insights that keep your risks in check.
Click here to learn how to trade smart and keep your money safe from the flames.
Relative Vigor Index (RVI)
The Relative Vigor Index (RVI) is a momentum oscillator that measures the strength of price movement by comparing the closing price to its trading range.
It helps traders identify the strength and direction of trends.
What to Look For:
- Trend Strength:
- RVI values above a certain threshold (often 50 or 60) suggest strong bullish momentum.
- RVI values below a certain threshold (often 40 or 50) suggest strong bearish momentum.
- Trend Reversals:
- Divergence between the RVI and the price can signal potential trend reversals. For example, if the price is making higher highs, but the RVI is making lower highs, it could indicate a weakening uptrend.
- Divergence between the RVI and the price can signal potential trend reversals. For example, if the price is making higher highs, but the RVI is making lower highs, it could indicate a weakening uptrend.
Crossovers: Crossovers of the RVI above or below its centerline can be used as potential trading signals.
If you’ve lived past 20 years on this earth, you don’t need me to tell you that time is life’s most precious currency.
You’ve already seen it - maybe you missed out on an opportunity because of age limits, or you’ve felt that gut punch when you realize how fast the weeks, months, and years fly by.
Trading, my friend, is no exception.
Time is the one commodity no one can hoard.
And if you’re coasting into 2025 thinking there’s plenty of time, let me be the one to shake you awake:
Buddy, There’s not!
Here’s the thing - having an edge in trading isn’t enough.
It’s not just about knowing what to do; it’s about having the time to capitalize on it.
And there are only two ways to “get” more time:
- Go slow, believing there’s plenty of it (spoiler: there’s not).
- Go full throttle and buy yourself time by taking bold, calculated risks.
Now, let me clarify - this isn’t some reckless pep talk.
If you have an edge but are underachieving, it’s likely because you’re playing it too safe.
You’re risking below your strength, convincing yourself there’s still time to make it.
But that belief?
It’s the biggest lie you can tell yourself.
Here should be your game plan for 2025:
- Use this holiday season to boost your trading. Look into funded accounts and see what bonuses or giveaways are available to help you grow faster.
- Save every dime from holiday money and reinvest in yourself. Build up your trading arsenal so you’re ready to go all-in next year.
- When the bell rings for 2025, trade to your full potential. No holding back.
Remember, risking below your strength isn’t playing it safe - it’s sabotaging your growth.
The only way to truly win is to step into your full capacity.
Go big, or stay where you are.
Time’s ticking, trader.
How will you use it?
You can't rewind the clock, so why keep trying?
Yesterday was great, but today is your chance to level up.
Are you using your time, or just letting it slip by?
It's tough, but think of all the opportunities you've missed because you hesitated.
You promised yourself you’d learn trading and crush it, right?
But let’s be honest - have you actually started?
What if you committed to growing your skills or portfolio by just Ten percent a day?
This is a real strategy that can make consistent profit PER DAY!
Think! Small steps, big results.
Watch this video to kickstart your journey and see how you can make that 10% a day a reality.
Stop waiting - take action now, and give your future self something to thank you for.