With Nothing To Stand In Its Way, The Market Turns To 2020

By: Spencer Israel

On Dec. 16, investors were given an early Christmas present, as the S&P futures broke 3200 for the very first time.

It was the culmination of a stunning rally that’s taken place in the last three months. As of this writing, the S&P futures have closed higher in 10 of the last 11 weeks, during which time they’ve rallied over 11%.

As we head towards Christmas—typically a positive time of the year for the market—it’s hard to imagine sentiment getting too much more positive than it already is. Let’s count the reasons why investors are feeling good:

1) The U.S. and China have agreed to terms on “Phase 1” of a trade deal, ending a volatile period of negotiations between the two sides and providing a signal that a long-term truce is on the horizon

2) Boris Johnson’s victorious snap election means a strong likelihood of a Brexit in early 2020, ending three years of “Will they, won’t they?” drama

3) The market remains convinced that, despite being impeached by the House of Representatives, President Trump will not be removed from office

4) Despite concerns about an economic slowdown and inverted yield curve, leading economic indicators like consumer sentiment, spending, and employment all remain strong

So with just a few days to go in 2019, here’s where things stand across the major futures markets:*

  • Nasdaq 100 E-Mini futures: up 35% year-to-date
  • S&P E-Mini futures: up 27%
  • WTI Light Sweet Crude Oil futures: up 25%
  • Brent Crude Oil futures: up 20%
  • Gold futures: up 12%
  • S. Dollar Index futures: up 2%
  • 10-Year Treasury Note futures: up 0.43%

Unless you were investing in grains (impacted by the trade war), currencies (hurt by a strong U.S. dollar), natural gas, or bitcoin, it was hard to lose money in the futures markets in 2019.

Of course, there’s no guarantee things will stay the same in 2020. In fact, there’s a good chance they won’t. But for now, we can sit back and relish what year it was—they don’t come around very often.

*All performance data as of Dec. 19, 2019

Active Trading with Lightspeed

Lightspeed, a division of Lime Brokerage, provides active traders with all the tools required to help them find success in stock trading, and we have been developing and honing our active trader platform to offer an optimal user experience. With the intuitive interface layouts and institutional quality stock and options scanners, we aim to help traders reach their goals, no matter what their strategy is. We also offer our clients some of the lowest trading fees in the industry.

For more information on a professional trading platform with Lightspeed, please call us at 1-888-577-3123, request a demo or to open an account.

Futures trading involves the substantial risk of loss and is not suitable for all investors. Each investor must consider whether this is a suitable investment since you may lose all of or more than your initial investment. Past performance is not indicative of future results.

Lightspeed Financial Services Group LLC is not affiliated with these third-party market commentators/educators or service providers. Data, information, and material (“content”) are provided for informational and educational purposes only. This content neither is, nor should be construed as an offer, solicitation, or recommendation to buy or sell any securities or contracts. Any investment decisions made by the user through the use of such content is solely based on the users independent analysis taking into consideration your financial circumstances, investment objectives, and risk tolerance. Lightspeed Financial Services Group LLC does not endorse, offer nor recommend any of the services or commentary provided by any of the market commentators/educators or service providers and any information used to execute any trading strategies are solely based on the independent analysis of the user.

You may also be interested in...

The IPOX® Week, October 18th, 2021
Read More
4 Bad Habits That Stock Traders Should Break
Read More
Understanding the Difference Between Option Volume and Open Interest
Read More
The IPOX® Week, October 11th, 2021
Read More

Try the demo

Compare Platforms
Check the background of this firm on FINRA's BrokerCheck

Our website uses cookies to improve the performance of our site, to analyze the traffic to our site, and to personalize your experience of the site. You can control cookies through your browser settings. Please find more information on the cookies used on our site in our Privacy Policy. By clicking OK, you agree to allow us to collect information through cookies.