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This Week’s Market Forecast… 📊

The S&P 500 reached new all-time highs last week, closing Friday at 6,032, as November capped off a stellar month for markets. All major indexes hit record levels, with Bitcoin emerging as the top performer, surging 40% in November alone.

With December and the holiday season now underway, consumer strength appears robust. Historically, December sees the highest consumer spending of the year, making it a critical period to watch for standout performances across the market.

This week brings key earnings updates, including Salesforce, where we’ll learn more about their AI initiatives and revenue strategies. On Thursday, Lululemon will report earnings after navigating a challenging year due to heightened competition in the luxury athletic market.

On the economic front, all eyes are on Friday’s Non-Farm Payrolls report, which will shed light on the health of the labor market.

Following last week’s holiday-shortened trading, this week offers a chance for a return to normalcy. The market’s positive momentum suggests a strong finish to the year.

My Schedule This Week!

Have a Blessed Weekend!

Disclaimer: Wolf Financial does NOT offer financial advice. All content provided is strictly for informational purposes. Wolf Financial is not registered as an investment, legal, or tax advisor, nor as a broker/dealer. Please be aware that trading any stock or crypto-related asset carries inherent risks and may lead to substantial capital losses.