The closing of 2024 saw a significant uptick in market performance across major indices, suggesting an overall positive sentiment among investors. Gareth Solway notes that while some selling pressure occurred, a gentle upward trend in the S&P 500 provides cautious optimism for year-end trading. Investors should monitor pre-market activity closely as market dynamics shift.
Identifying crucial support and resistance levels in the S&P 500 will be essential for traders in 2025. Solway emphasizes the need for a careful analysis of chart patterns and market trends, particularly focusing on areas where significant buying and selling pressure have merged. Understanding these trends could be the key to unlocking potential trading opportunities in the evolving market landscape.
As 2025 approaches, Gareth Solway warns traders of heightened volatility that is likely to transform market conditions. Historical analysis displays pockets of volatility that could dictate major market shifts. Investors are advised to prepare for these fluctuations, leveraging trading strategies that can capitalize on the potential for significant market movements.
As we approach 2025, Gareth Solway, Chief Market Strategist at Verified Investing, offers an insightful analysis of the current market trends and potential forecast for the upcoming year. The discussion highlights a robust year in 2024, with overall upward movement in major indices, but warns that increased volatility is expected as we venture into the new year. Investors should brace themselves for turbulent times, which may provide opportunities for swing traders and those engaged in trading crypto, stocks, commodities, and Forex. In assessing the S&P 500, Solway emphasizes key levels to watch for potential impacts on market direction. The S&P has exhibited a gentle upward trend recently, despite some profit taking at the end of 2024. However, the strategist suggests that the key trendlines between highs and lows demonstrate significant support and resistance levels that, when breached, could lead to dramatic movements in the market. Solway further explains the importance of examining these charts on a broader time frame to understand the overall market trajectory, particularly considering the historical context of previous market bubbles. Furthermore, the strategic analysis includes discussions on vital commodities such as gold and oil, along with currency movements such as the dollar to yen exchange rate. These elements are crucial to understanding the broader economic implications as we transition into 2025. Investors are urged to consider these forecasts seriously, as the strategies they choose could greatly impact their trading effectiveness in a time likely to be filled with both challenges and unique opportunities.I don’t get the healthy consumer comment. Retail sales have grown 4 ish percent. Retail sales numbers are not inflation adjusted. People are not buying more goods they are paying more for goods. So real inflation is more like 7%. Even if you use gov inflation numbers of 2.5%, retail sales is barely keeping up if not negative vs inflation.
Can you do an analysis of the Barricks/Newmonts? Are you going to get back into wolf speed?
Love the show, keep up the great work, long into the future. All the best to verified Investing. Happy New year!!
