Short and Sweet Post: Fed Caution, Tech Trends, and Portfolio Updates

December 23, 2024 Update

Holiday Update
I will keep this update brief as we move through the holiday season.

Market Overview
Last week brought some market volatility. The Fed seems cautious about further rate cuts.

Interestingly, the most recent rate cut was labeled a “hawkish cut,” indicating a conservative stance by policymakers.

From my perspective, the mid-term outlook remains favorable for stocks, especially as we enter the Trump administration with solid credit conditions.

GDP is expected to grow at 1.9% for Q4 2024 and around 2% for Q1 2025.

Index Snapshot
The NASDAQ ended the week down 1.78%. Even so, the uptrend remains intact. All key moving averages are pointing upwards.

Tech continues to lead, and I expect AI, robotics, and software to dominate for years to come.

Portfolios

10X MOMENTUM (spreadsheet link)

• My Stop Loss triggered on CPAY for a 6.3% gain (37% annualized).

• No new…