January 2025

The SPX saw a net December decline of -150pts (2.5%) to 5881, although that was from a new hist’ high of 6099. For the year, the SPX saw a net gain of 1111pts (23.3%).

As of January 2nd, the key monthly 10MA will jump/adjust to around 5640. To be decisive, the bears need a monthly settlement <5600, to break the mid/long term bullish trend.

I would be especially mindful of bond yields. If the US 10yr yield can break and hold above 5.00%, it will offer a grander run to around 7.00%. Typically, lower bond prices/higher bond yields > higher equities.

January subscription offers

6 (+2 free) months at $19 a month for $114

Notes:
-Payment is in one lump sum.

Six months > https://buy.stripe.com/4gw9Ey38M2mm2HK8wz

You’re also welcome to pay via Paypal, especially if you’d prefer a monthly subscription.

Yours… survived another year on planet Krazy.