Giles Coghlan LLB, Lth, MA
Financial Source
Listen to the latest market mood for the S&P500.
US stocks continue to move higher on global vaccine optimism. November saw a great month for the world’s major indices and hopes of further Fed easing should keep stocks supported medium term. The US fiscal stimulus package is also a great boost for US stocks and the anticipation of coming stimulus is another catalyst for growth.
Therefore, expect S&P500 buyers.
Trade Risks: The main risk to this trade remains to be if there is risk off trading on any rising COVID-19 lockdowns.
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