Pristine Market Analysis & Watchlist 1.4.24

📈 Trading strong themes in a weak tape

• S&P 500 closes below the 20-day SMA

• Bonds sell off ahead of the 1/5 NFP report

Team,

Day three of the near year is in the books! Remember, we can’t control the market, but we can control our own actions! If your performance is slightly positive, flat, or even slightly negative in this first week of trading, you are still in the driver’s seat!

2024 is going to be our year 🥳

-Andrew

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Market Update

News/Economic Data

Initial jobless claims came in slightly lower than expectations 👇

And the monthly Non-Farm Payrolls (NFP) will be released tomorrow morning 1/5 at 8:30 AM. The big risk is that the report comes out stronger than expected, and the market swiftly prices OUT rate cuts for 2024😬

Index Performance YTD