The Santa Claus Rally - Market Outlook (Ep. 13)
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The Santa Claus Rally - Market Outlook (Ep. 13)
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About this listen
This past week, the stock market saw continued strength driven by AI enthusiasm (especially in chip stocks like Nvidia and AMD). Market strength was also driven by potential Fed rate cut hopes from softer inflation numbers as reported by the CPI, and rising precious metals (especially silver). Metals related stocks and ETFs rose in sympathy. FCX had a great week thanks to the rise in copper. GDX also saw substantial gains due to the rise in gold.
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