A stock market top, Dollar breakout, US Government shutdown looms – Stock Market Weekly for December 20, 2024

Welcome back everyone to Stock Market Weekly Episode #761 for Friday, December 20, 2024 where we will be breaking down the most important trends, price action, and noteworthy moves across financial markets.

As always, we will share extensive analytics on the S&P500 (SPX), Nasdaq 100 (NDX), Russell 2000 (RUT), and current volatility environments.

In this week’s episode:

• Jerome Powell more cautious on rate cuts
• The second biggest 1-day VIX % increase in history
• Dollar breakout accelerates higher
• Ominous looking weekly bars everywhere
• Government shut down looms

Markets covered: VIX IEF TLT UUP IBIT BTCUSD

Indicators discussed: Percent of stocks at 1 month lows

We hope that you enjoyed this week’s episode!

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