It’s clear that 2020 has been an up-and-down year for the stock market. After months of volatility and uncertainty, the markets closed out November on a high note. As December begins, the market continues to show promise and offer investors a glimmer of hope for a promising end to the year.
The stock market started December with a strong note, leading to a record-breaking 10th consecutive day of gains last Monday. The last time the market saw this number of consecutive gains was in 2017 and prior to that, it was 2011. This is an encouraging sign and could be a sign of upward momentum for the stock market, especially as we enter the last month of the year.
What does this mean for the rest of the year? Well, for starters, it could mean that the market is regaining momentum and trader confidence. After months of uncertainty, investors may be more willing to take risks and make investments in the stock market.
It should be noted, however, that the sustained enthusiasm in the stock market could be temporary. With the pandemic still raging and issues with the election still unresolved, it’s hard to say if the stock market will remain as strong as it started the month.
Regardless, the strong start to December is a welcome sign for the market. As we approach the end of the year, the strong start could offer investors some hope that the market will finish 2020 on a high note and give us a bright start to 2021.
It’s clear that 2020 has been an up-and-down year for the stock market. After months of volatility and uncertainty, the markets closed out November on a high note. As December begins, the market continues to show promise and offer investors a glimmer of hope for a promising end to the year.
The stock market started December with a strong note, leading to a record-breaking 10th consecutive day of gains last Monday. The last time the market saw this number of consecutive gains was in 2017 and prior to that, it was 2011. This is an encouraging sign and could be a sign of upward momentum for the stock market, especially as we enter the last month of the year.
What does this mean for the rest of the year? Well, for starters, it could mean that the market is regaining momentum and trader confidence. After months of uncertainty, investors may be more willing to take risks and make investments in the stock market.
It should be noted, however, that the sustained enthusiasm in the stock market could be temporary. With the pandemic still raging and issues with the election still unresolved, it’s hard to say if the stock market will remain as strong as it started the month.
Regardless, the strong start to December is a welcome sign for the market. As we approach the end of the year, the strong start could offer investors some hope that the market will finish 2020 on a high note and give us a bright start to 2021.
