""December could bring seasonal tailwinds back to the stock market and return it to all-time highs. Historically, since 1950, it's the third-best month of the year for the Dow and S&P 500; it's also the third-best month for the Nasdaq, since 1971, according to the Stock Trader's Almanac," as noted by CNBC."
"Now down to $85,853, Bitcoin is still dropping on "meager inflows" into Bitcoin ETFs, and an absence of dip buyers. At the moment, traders are watching $80,000 on Bitcoin as its next line of support. In fact, if you believe Bitcoin could fall further, you can buy into inverse BTF ETFs. ProShares Short Bitcoin (BITI) There's the ProShares Short Bitcoin (BITI), which tracks the S&P CME Bitcoin Futures Index, with profitability computed daily (before fees and expenses) as the inverse (-1x) of the index's daily performance."
"In addition, rate cuts are still on the table, especially after weaker-than-expected private sector jobs growth, retail sales, and consumer confidence. That'll play a big part in what the Federal Reserve decides to do with interest rates at its December 9-10 meeting. We also have to consider that the Fed will be focused far more on employment rather than inflationary risks."
S&P 500 futures fell about 44 points with the SPDR S&P 500 ETF (SPY) down roughly $4.50, the Dow off about 200 points and the Nasdaq down about 232. December often produces strong seasonal gains for major U.S. indexes, offering potential tailwinds. Rate cuts remain possible after weaker-than-expected private sector jobs growth, retail sales and consumer confidence, and the Federal Reserve's December 9–10 decision looks likely to weigh employment more heavily than inflation. Market participants expect 2025 volatility to ease as investors price in 2026 earnings growth and AI-driven optimism. Bitcoin has slid to about $85,853, with $80,000 as the next key support and inverse Bitcoin ETFs available to profit from further declines.
Read at 24/7 Wall St.
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