Last Month of 2024

December Rebalance? Labor Market Data

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Last two week:

I continue to wait for the IWM trade to finish up and prepare for 2025.

Relevant Topics, News, and Data: Month of December

• BTC becomes the 20th Largest Asset by Market Capitalization

• EOM / Thanksgiving low volume week wraps up

• ETH gains momentum against BTC as BTC chops below $100k mark

• December Rate Cut continues to get priced in by the treasury market

• Space and Aviation stocks continue to skyrocket

• Penny stock market starts to warm up

There is a great chance that equities and treasuries rally into the rate cut. Overall most markets are higher which signals overall higher liquidity in the markets.

Weak Jobs data could also be bad news is good news. It can support the Fed’s rate cutting campaign.

We only have a week or two of decent volume before the EOY christmas/new years volume comes in lower. Keep in mind that low volume is typically bullish and algos play hot potato and bid the market higher.