Market Outlook
Market Outlook is a weekly podcast created by Derek Taylor ("dtoptions" on YouTube). This podcast discusses the market's performance last week as well as looking ahead to next week's opportunities, including potential options trades to take.
Market Outlook
The Santa Claus Rally - Market Outlook (Ep. 13)
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Derek Taylor (DT)
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Episode 13
This past week, the stock market saw continued strength driven by AI enthusiasm (especially in chip stocks like Nvidia and AMD). Market strength was also driven by potential Fed rate cut hopes from softer inflation numbers as reported by the CPI, and rising precious metals (especially silver). Metals related stocks and ETFs rose in sympathy. FCX had a great week thanks to the rise in copper. GDX also saw substantial gains due to the rise in gold.