📈 Blowout Rally - How Long Will It Last?

Here's what is happening in the markets today, Monday, December 4th

- S&P 500 closes at highs of the year

- 5-week win streak

- Santa Claus Rally? - The S&P 500 has historically posted gains 72.6% of the time

- Powell: “premature to conclude with confidence” that monetary policy is “sufficiently restrictive”

- Traders expecting rate cuts in March 2024

- Bitcoin rallies past $42,000 and is up 150% for the year

- Gold soars past $2,100 and makes new record highs

- Crude Oil lower

- Alaska Airlines (ALK) agrees to buy Hawaiian Airlines in $1.9 billion deal

PLUS: How we trade these markets and our current positions