Money Vikings Investing 12/20/23

A Mixed Bag on Wednesday, December 20th

The stock market traded cautiously on Wednesday, December 20th, following a strong rally earlier in the week. Investors seemed to take a breather after the Federal Reserve hinted at a potential pivot to a dovish policy stance, leading to hopes for slower interest rate hikes.

Market Report

🛢️ Energy ⬇ was down -0.93%.

💍 Consumer Discretionary ⬇ was down -1.82%.

📞 Communications ⬇ was down -0.77%.

💵 Financials ⬇ were down -1.78%.

🧻 Consumer Staples ⬇ was down -1.94%.

💊 Healthcare ⬇ was down -1.45%.

🏭 Industrials ⬇ were down -1.62%.

♺ Materials ⬇ were down -1.53%.

🏠 Real Estate ⬇ was down -1.26%.

📱 Technology ⬇ was down -1.51%.

🔌 Utilities ⬇ were down -2.03%.

Here's a quick snapshot of how the major indices fared:

With the holiday season in full swing and the year drawing to a close, market volatility is expected to remain elevated. Investors will continue to monitor the Federal Reserve's actions, corporate earnings reports, and global developments for clues about the market's trajectory in the coming weeks.

Hot Trade

2 new trades out to Jan, both covered calls in AMZN and CARR:

1) Your order to SELL CALL: 1.00 of -AMZN240119C161 was FILLED. 1.00 filled @ $1.60. 2) Your order to SELL CALL: 1.00 of -CARR240119C60 was FILLED. 1.00 filled @ $0.60.

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