US Stocks: Explosive Week Might Deliver a Huge Rally

0
424
.

After a week of back-to-back equities selloffs, investors may have the chance to take advantage of a rally in U.S. stocks going into the end of the year. With falling oil prices and a tightening labor market, a huge rally may be in the future.

The S&P 500 saw gains of 2% on Friday, adding to slight gains on the week. The index is now up for the 9th straight week out of 10 after a new report indicated that the U.S. economy added more new jobs than originally expected.

The data further supported the notion that the Federal Reserve will raise interest rates in December for the first time in almost 10 years, but while the economy is stronger, weak global demand may ensure that the central bank commits to slow and gradual rate increases.

Markets have been expecting the Federal Reserve to raise interest rates for weeks. The December policy meeting will take place from the 15-16.

Economists agree that unless a major geopolitical event takes place, the Federal Reserve will likely raise interest rates at the next policy meeting.

Earlier in the week, stocks saw a significant selloff after short bets on the euro affected other asset classes. On Thursday, the currency saw its largest gains in over six years against the greenback after Mario Draghi’s, ECB President, easing measures failed to meet expectations.

Draghi announced on Friday that the ECB was ready to deploy additional stimulus if necessary, causing investors to establish short positions in the single currency.

In addition to a strong jobs report, crude oil prices continued to drop after OPEC (Organization of Petroleum Exporting Countries) made the decision to maintain its near-record level of production despite a supply glut and depressing prices.

As far as earnings go, experts say the headwinds of tumbling oil prices this year will transition to a tailwind next year. In other words, main street will benefit from the oil price slump in 2016.

As for consumer data, the data looks healthy. Upcoming retail sales data may confirm that consumers are upbeat heading into the holiday season. The busiest shopping season of the year, we may see higher stock prices going into the end of the year. After all, December is historically the S&P 500’s best month, according to the Stock Trader’s Almanac.

For now, investors will enjoy the rally going into the new year before shifting the focus back to fundamentals.

Set Your Business Up For Success
Want to make this your most successful year yet? Make sure to cover all your bases. Focus on what you do best and find experts for all of the rest. Fiverr is a great place to find professional help in every field imaginable. Have countless to-dos? Fiverr’s freelancers can be counted on to do them all. On time and on budget.

Wondering where to start? Here are your 3 steps to business success:
1. Build a Better Brand
Want a brand that earns your customers’ trust and loyalty? Don’t confuse them with a bland brand.
Create a standout brand across every aspect of your marketing: Brand your logo, your website, your app, your social media.
You get the picture. (but make sure that picture looks good)
  • Get a world-class logo design

  • Design your social media to reflect your brand

  • Tailor your web and mobile design to fit your brand

Social Media Design
Logo Design
Web Design
2. Grow Your Customer Base
They’re not going to walk in your door if they don’t know who you are. Catch them while they’re browsing the Internet at home. Pop up on mobile while they’re walking around town. Whatever it takes to reel them in.
Pump up your presence online with these easy fixes:
  • Boost your social media marketing (SMM): Target your ideal customers and appear in their social media feeds.

  • Level up your search engine marketing (SEM): Pop to the top of the search results with your targeted ads.

  • Step up your SEO: Rank first on Google search results and get the attention your brand deserves.

SEO
Social Marketing
ASearch Engine Marketing
3. Stay Ahead of Your Digital Game
To keep pace with the latest digital trends, you have to keep up with the times. This means you need to give your users what they demand.
Constant content updates: Who wants yesterday’s news?
Short, engaging videos: Your customers crave them.
Seamless user experience (UX): Because no one wants to waste time looking around your site for info when they can find it elsewhere faster. A clean, user-friendly user interface (UI) can clean out the clutter and make your users even more engaged.
Stay ahead of the pack with:
  • Website Content

  • Short Video Ads

  • WordPress Site Building

Video Ads
Wordpress
Website Content
Everything your business needs is just 3 steps away!
Learn more about how to build and grow your business with
Fiverr Business Guides.

LEAVE A REPLY

Please enter your comment!
Please enter your name here