Gold Stocks’ Revaluation Year
The gold miners’ stocks are limping into 2025 seriously oversold, deeply undervalued, and really out of favor. While that doesn’t sound very bullish, this is a fantastic contrarian setup for a big revaluation year.
U.S. Manufacturing Shows Encouraging Signs Of Life
The December U.S. ISM manufacturing index was stronger than expected.
S&P 500 Earnings Dashboard 24Q4
24Q4 Y/Y earnings are expected to be 9.6%. Excluding the energy sector, the Y/Y earnings estimate is 12.4%.
Looks Like The Grinch Won
The bulls’ biggest hopes for today rest in the fact that today is among the most seasonally positive days of the year.
ISM Manufacturing Contracts 9th Month And The 25th Time In Last 26 Months
ISM manufacturing is still in contraction but at a decreased rate. However, employment weakened further.