Now is the Time to Accumulate 5 Relative Price Strength Stocks
The U.S. stock market is poised to end 2024 on a high, building on a remarkable bull run from early 2023. Despite minor setbacks, the S&P 500 has gained over 22% year to date. In a notable shift, the Federal Reserve recently enacted its first rate cut since 2020, reducing interest rates by 50 basis points, with another potential cut on the horizon. This policy pivot supports Wall Street’s continued upward momentum.
While the U.S. economy’s fundamentals remain strong, this month could see added volatility due to the upcoming Presidential election, an FOMC meeting and geopolitical tensions in the Middle East. To navigate these uncertainties, investing in stocks with robust price strength could be wise. By choosing stocks with…
