empty
28.12.2022 01:53 PM
U.S. Stock Market Analysis on 27th December and 23rd December Post Market Review

U.S. markets are closed on Monday in observance of Christmas Day, which falls on Sunday. U.S. indices were up on Friday, while the inflation data released on Friday is being accessed as the market diverges in outlook vs the Fed. The Dow Jones was up 0.53% to 33,203.93, the S&P500 rose 0.59% to 3,844.82, and the NASDAQ was up 0.21% to 10,497.86. At the same time, oil prices jumped.

Notable News

  • China to scrap Covid quarantine rule for inbound travelers from Jan 8
  • US Core PCE Price Index +0.2% M/M, matching estimates; Consumer spending stagnated at +0.1% M/M - weakest since Jul-22 and below 0.2% forecast
  • Uni of Michigan Consumer Sentiment Index rose to 59.7, up from Oct's 56.8, helped by easing inflation pressures
  • US new home sales unexpected rose for second month
  • BOJ's Kuroda dismisses near-term chance of exiting easy policy

What To Watch This Week

  • Japan - Unemployment, Retail Sales (Tuesday), Industrial Production (Wednesday)
  • China - Industrial Profits (Tuesday), Manufacturing PMI (Saturday)
  • US - Goods Trade Balance, Retail Inventories (27th), Pending Home Sales (Wednesday), Initial Jobless Claims (Thursday)
  • UK - Nationwide Housing Pries (Friday)
  • At home, PPI (Thursday), Money Supply (Friday) are due

Long-term view on market and 2023 outlook:

In general, investors are still concerned about the market outlook and the fears are increasing. The economic recession seems inevitable, as major monetary authorities are determined to continue to battle high inflation. In my view, monetary policy will turn accommodative as inflation trends down. Growth pressures still weigh on developed markets' equity in 1Q 2023, but a turn in monetary policy will provide liquidity support to asset prices. Consensus expects interest rates to peak around 5.0% in the middle of 2023, which indicates it is closer to the end of the hiking cycle. I remain cautious on U.S. equities into 1Q 2023, and I believe the market will be more positive as markets bottom out in 2Q 2023.

27th December trading analysis

S&P 500 daily chart:

This image is no longer relevant

The S&P 500 index finished higher in a turbulent pre-holiday session Friday, as an inflation report and a slew of other data did nothing to change views that the Federal Reserve would likely keep raising interest rates even if the economy slowed. From the daily chart, the price is hovering between $3,784 support level and $3,947 resistance level. It is crucial to continue to watch the price movement in these few days to see whether the bull traders will successfully break through the $3,947 resistance level and push it to the next support level at around $4,072, or the bear traders will pull the price to the $3,784 support line and continue fall to the $3,662 support line. Traders may find an opportunity to trade between $3,784 and $3,947 as the index already traded in this range for a few days. Nonetheless, given the Fed would likely continue to raise the interest rate and the index is still trading below its 10MA and 50MA lines, I suggest traders remain cautious.

InstaForex Analyst,
Especialista em análise na InstaForex
© 2007-2025
Selecionar intervalo de tempo
5
min
15
min
30
min
1
hora
4
horas
1
dia
1
s.
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO

Recommended Stories

EUR/USD. 12 de junho. Um revés para o dólar

Bom dia, caros traders! Na quarta-feira, o par EUR/USD continuou seu movimento de alta após se recuperar da zona de suporte de 1,1374–1,1380. Ele se consolidou com sucesso acima

Samir Klishi 16:33 2025-06-12 UTC+2

Análise técnica do movimento diário do preço do Petróleo Bruto (#CL), terça-0feira 12 de junho de 2025

Se observarmos o gráfico diário do Petróleo Bruto (#CL), é possível identificar uma divergência entre o movimento dos preços do ativo e o indicador Estocástico. Isso sugere a possibilidade

Arief Makmur 15:39 2025-06-12 UTC+2

Análise Técnica do Movimento Intradiário do Índice Nasdaq 100 – Quinta-feira, 12 de junho de 2025.

No gráfico de 4 horas do índice Nasdaq 100, podemos observar uma divergência entre o movimento dos preços e o indicador Estocástico, especialmente com a confirmação atual

Arief Makmur 15:25 2025-06-12 UTC+2

Previsão para o EUR/USD para 12 de junho de 2025

Os dados de inflação dos EUA divulgados na quarta-feira agitaram os mercados: o índice do dólar recuou 0,47%, o petróleo WTI disparou 5,54%, o ouro avançou 1,27% e os rendimentos

Laurie Bailey 15:11 2025-06-12 UTC+2

Previsão para o GBP/USD para 12 de junho de 2025

Na quarta-feira, a libra esterlina conseguiu evitar uma queda abaixo de níveis de suporte técnico, revertendo sua direção a partir desses pontos. O preço se recuperou a partir da linha

Laurie Bailey 15:07 2025-06-12 UTC+2

Previsão para o USD/JPY em 12 de junho de 2025

A correção de preço desde 27 de maio foi complexa e prolongada, apresentando risco de um rompimento acima de 146,11. No entanto, esse risco deixou de ser relevante após

Laurie Bailey 14:56 2025-06-12 UTC+2

Sinais de negociação para o par ER/USD para 12-19 de junho de 2025: vender abaixo de 1.1500 (SMA 21 - 8/8 de Murray)

Se o preço do euro cair abaixo de 1,1500 nas próximas horas, isso pode ser visto como uma oportunidade de venda. Tecnicamente, ele parece estar sobrecomprado no gráfico

Dimitrios Zappas 14:45 2025-06-12 UTC+2

Sinais de negociação para o OURO (XAU/USD) para 12-19 de junho de 2025: venda abaixo de $3.386 ( SMA 21 - 7/8 de Murray)

A tendência do XAU/USD permanece de alta enquanto o preço se consolidar acima de 3.331. Portanto, seria prudente comprar ouro enquanto o preço se consolidar acima de 3.359, onde está

Dimitrios Zappas 14:43 2025-06-12 UTC+2

GBP/USD. 12 de junho. Economia britânica vacila

Bom dia, caros traders! No gráfico horário, na quarta-feira, o par GBP/USD reverteu a favor da libra esterlina e se consolidou acima do nível de retração Fibonacci de 161,8%

Samir Klishi 14:16 2025-06-12 UTC+2

Previsão para a prata para 11 de junho de 2025

Nas últimas sete sessões, a prata apresentou um movimento ascendente expressivo, mas o potencial de alta ainda está longe de ter se esgotado. O alvo em 38,500 — o limite

Laurie Bailey 22:29 2025-06-11 UTC+2
Não pode falar agora?
Faça sua pergunta no chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.