USA500 Weekly Special Report based on 1.00 Lot Calculation:
USA500 INDEX:
- WHAT IS A STOCK INDEX: According to Investopedia.com, a stock index measures the price performance of a basket (group) of stocks using a standardized methodology. The S&P 500 Index is one of the world's best-known indexes and one of the most commonly used benchmarks for the stock market.
- COMPONENTS: USA500 includes 500 companies including Tesla, Apple, Google, Nvidia, Meta, and Goldman Sachs.
US HOLIDAY SEASON 2024:
- EVENT (FINAL WEEKS OF DECEMBER): SANTA CLAUS RALLY. According to Investomedia.com, A Santa Claus rally is the sustained increase in the stock market that occurs around the Christmas holiday on December 25. Most estimate these rallies happen in the week leading up to the Christmas holiday, while others see trends that begin Christmas Day through January 2.
- POSITIVE MARKET SENTIMENT IN THE PERIOD BETWEEN NOVEMBER AND DECEMBER: THE USA500 INDEX ROSE 7.70% ON AVERAGE (2019- 2023).
Data Source: Meta Trade 4 Platform
Please note that past performance does not guarantee future results
US FEDERAL RESERVE HAS BEGUN YET ANOTHER INTEREST RATE CUT CYCLE:
- BREAKING (DECEMBER 18): FEDERAL RESERVE ANNOUNCED ITS THIRD INTEREST RATE CUT IN 2024. The US Federal Reserve decided to cut its benchmark interest rate by 0.50% points in September, 0.25% points in November and 0.25% in December. The bank expects to cut rates two more times in 2025 to slash its benchmark rate to 4% by the end of 2025. The bank expects rates to fall to 3.40% in 2026 and further down to 3.10% in 2027.
- NEXT FED INTEREST RATE DECISION: January 29, 2025
EVENT (JANUARY 20, 2025): PRESIDENT DONALD TRUMP TAKES OFFICE. Donald Trump will take office on January 20, 2025 after which he will start implementing all of his promises regarding the economic policy under his rule, including lowering corporate taxes to 15% from the current 21%.
USA500, December 23, 2024
Current Price: 6,000
|
USA500 |
Weekly |
|
Trend direction |
|
|
6,680 |
|
|
6,480 |
|
|
6,180 |
|
|
5,830 |
|
|
5,780 |
|
|
5,730 |
Example of calculation based on weekly trend direction for 1.00 Lot1
|
USA500 |
||||||
|
Profit or loss in $ |
6,800.00 |
4,800.00 |
1,800.00 |
-1,700.00 |
-2,200.00 |
-2,700.00 |
|
Profit or loss in €² |
6,544.72 |
4,619.80 |
1,732.43 |
-1,636.18 |
-2,117.41 |
-2,598.64 |
|
Profit or loss in £² |
5,431.11 |
3,833.73 |
1,437.65 |
-1,357.78 |
-1,757.13 |
-2,156.47 |
|
Profit or loss in C² |
9,800.70 |
6,918.14 |
2,594.30 |
-2,450.18 |
-3,170.82 |
-3,891.46 |
1. 1.00 lot is equivalent of 10 units
2. Calculations for exchange rate used as of 12:30 (GMT) 23/12/2024
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than suggested one.
- Trailing stop technique could protect the profit.