Listen to the latest market mood for the S&P 500.
US stocks continue to move higher on global vaccine optimism. November saw a great month for the world’s major indices and hopes of further Fed easing should keep stocks supported in the medium term. The US fiscal stimulus package is also a great boost for US stocks and anticipation of the coming stimulus is another catalyst for growth.
Therefore, expect S&P 500 buyers.
Trade Risks: The main risk to this trade remains to be if there is risk-off trading on any rising COVID-19 lockdowns.