{"id":51224,"date":"2019-12-20T13:11:54","date_gmt":"2019-12-20T18:11:54","guid":{"rendered":"https:\/\/www.ino.com\/blog\/?p=51224"},"modified":"2019-12-20T13:11:54","modified_gmt":"2019-12-20T18:11:54","slug":"sp-500-posts-fourth-week-of-gains","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2019\/12\/sp-500-posts-fourth-week-of-gains\/","title":{"rendered":"S&#038;P 500 Posts Fourth Week Of Gains"},"content":{"rendered":"<p>Hello traders everywhere. I feel like a broken record, but once again, the S&P 500 and stock market is hitting record highs as we head into Friday afternoon trading and the end of the trading week. <\/p>\n<p>Entering Friday's afternoon session, the S&P 500 was up +1.7% for the week and was headed for its fourth consecutive weekly gain. The DOW and NASDAQ were up +1.2% and +2.1%, respectively, for the week marking their second straight week of gains.<\/p>\n<div align=\"center\" style=\"margin-bottom: 20px;margin-top: 10px;\"><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/eWhO3WS9bMs\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<p>The S&P 500 is up nearly 28% year to date, with less than 10 trading days left in 2019. That would be the index\u2019s best one-year performance since 2013 when it rallied 29.6%. Not be outdone the  NASDAQ index has jumped 34% in 2019. <\/p>\n<p>Stocks tend to carry such strong momentum into the following year. Data compiled by Nordea Research shows the S&P 500 posted positive returns the year after rallying more than 25% in 12 of 18 occasions.<!--more--><\/p>\n<p>In the latest sign, the economy was on firm ground heading into the holiday shopping season, the Commerce Department said Friday that the pace of U.S. growth in the third quarter was unchanged from its previous estimate. Gross domestic product rose at a 2.1% seasonally and inflation-adjusted annual rate from July through September.<\/p>\n<h2 style=\"color: #003380; font-size: 20px;\">Key Levels To Watch Next Week:<\/h2>\n<ul>\n<li><strong>S&P 500 <a href=\"https:\/\/club.ino.com\/trend\/?v=stock&s=SP500&mktcode=TradersBlogTA\" target=\"_blank\" rel=\"noopener noreferrer\">(CME:SP500)<\/a><\/strong>: 3,070.33<\/li>\n<li><strong>Dow <a href=\"https:\/\/club.ino.com\/trend\/?v=stock&s=DJI&mktcode=TradersBlogTA\" target=\"_blank\" rel=\"noopener noreferrer\">(INDEX:DJI)<\/a><\/strong>: 27,325.13<\/li>\n<li><strong>NASDAQ <a href=\"https:\/\/club.ino.com\/trend\/?v=stock&s=COMP&mktcode=TradersBlogTA\" target=\"_blank\" rel=\"noopener noreferrer\">(NASDAQ:COMP)<\/a><\/strong>: 8,435.40<\/li>\n<li><strong>U.S. Dollar <a href=\"https:\/\/club.ino.com\/trend\/?v=stock&s=DX&mktcode=TradersBlogTA\" target=\"_blank\" rel=\"noopener noreferrer\">(ICE:DX)<\/a><\/strong>: 98.37<\/li>\n<li><strong>Gold <a href=\"https:\/\/club.ino.com\/trend\/?v=stock&s=GC.G20&mktcode=TradersBlogTA\" target=\"_blank\" rel=\"noopener noreferrer\">(NYMEX:GC.G20)<\/a><\/strong>: 1,478.80<\/li>\n<li><strong>Crude Oil <a href=\"https:\/\/club.ino.com\/trend\/?v=stock&s=CL.G20&mktcode=TradersBlogTA\" target=\"_blank\" rel=\"noopener noreferrer\">(NYMEX:CL.G20)<\/a><\/strong>: 61.20<\/li>\n<li><strong>Bitcoin <a href=\"https:\/\/club.ino.com\/trend\/?v=stock&s=BITSTAMPUSD&mktcode=TradersBlogTA\" target=\"_blank\" rel=\"noopener noreferrer\">(BITCOIN:BITSTAMPUSD)<\/a><\/strong>: 7,772.71<\/li>\n<\/ul>\n<p>Every Success,<br \/>\nJeremy Lutz<br \/>\n<a href=\"http:\/\/www.ino.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">INO.com <\/a>and <a href=\"http:\/\/club.ino.com\/members\/?mktcode=blogjl\" target=\"_blank\" rel=\"noopener noreferrer\">MarketClub.com <\/a>\t<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Hello traders everywhere. I feel like a broken record, but once again, the S&#038;P 500 and stock market is hitting record highs as we head into Friday afternoon trading and the end of the trading week. Entering Friday's afternoon session, the S&#038;P 500 was up +1.7% for the week and was headed for its fourth [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":41,"featured_media":51227,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[14379,6249,6320,6319],"class_list":["post-51224","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-videos","tag-bitcoin-bitstampusd","tag-dow-indexdji","tag-nasdaq-nasdaqcomp","tag-sp-500-cmesp500"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>S&amp;P 500 Posts Fourth Week Of Gains - INO.com Trader&#039;s Blog<\/title>\n<meta name=\"description\" content=\"Entering Friday&#039;s afternoon session, the S&amp;P 500 was up +1.7% for the week and was headed for its fourth consecutive weekly gain.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wwwtest.ino.com\/blog\/2019\/12\/sp-500-posts-fourth-week-of-gains\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"S&amp;P 500 Posts Fourth Week Of Gains - 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