12/18

SPUU Flat as Investors Anticipate Fed's Interest Rate Decision

Investors are showing optimism ahead of the Federal Reserve's upcoming interest-rate decision, with expectations of favorable outcomes that could further boost stock prices. The consistent buying streak observed in the proprietary DVAN trend line since Election Day indicates strong investor confidence. This sentiment is driven by the anticipation of potential interest rate pauses or reductions, which could enhance corporate earnings by lowering borrowing costs. Despite a recent stall in the rally, the S&P 500 remains close to a record high, supported by strong breadth in heavily traded US stocks, signaling ongoing institutional interest and a bullish outlook.

The Direxion Daily S&P 500 Bull 2X Shares (SPUU) experienced a modest increase, rising 0.42% to $157.65 as of 13:20 on Wednesday, December 18.