American stocks rally through December into the New Year

American stocks rally through December into the New Year

wall-street-ny

US stocks benefited from their two best days in the past few years, with the Dow, DJIA+0.15% while the S&P 500, SPX +0.46%, each finishing out the week above 3%. The third US benchmark index, the NASDAQ finished with a 2.4% gain.

Binary option traders should expect to see US stocks gain coming off strong figures for December, while it is looking as if trends are going to continue going into the month of January.

US stocks have closed positive 28 times in the past 36 years, and this year seems to be no different.  Of those 28 positive December figures, 20 lead to strong January numbers, which is near 70%. 2014 was an irregular year as January saw stock prices sink, even though they came off positive numbers in from December 2013.

S&P 500 has been a favorite among day traders because of how volatile the index has been.

Within the past two years, the index has dropped below 100-day moving average. The majority of the time, within a two day time period the index would bounce back, except in October which was an irregular month.

 

 
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