Daily Note | December 31, 2024 | Some Last Day Of The Year Buying/Selling Opportunities

Stocks are recovering (so far) some of yesterday's losses and looks like it will secure the second consecutive 20%+ annual gain. The S&P is up about 25% in 2024, while the Nasdaq is up almost 30%.

In the first half of the year, the markets were driven by continued AI enthusiasm along with the Fed pivot, pausing the rate hike regime. In the second half, i…