7 Important Things To Look For From the December Stock Market
Here we go. December 1, 2020 is a Tuesday, so the markets already got started on this week yesterday. This December is packed with interesting scenarios, events, and reports for investors. Without further ado, let’s jump into the 7 most important things to look for from the December stock market. Tesla Joins the S&P 500 Over a long enough period, the FOMO (Fear Of Missing Out) at the SP500 and the Dow Jones Industrial Average drives some interesting decisions. Some of them prove to be remarkably prescient, others embarrassingly reversed. There is no denying that Tesla dominates news storylines in the automotive industry. Its market capitalization certainly qualifies for inclusion in the central S&P 500 index. On the other hand, Tesla stock is highly volatile, often tied to words its CEO blurts out on Twitter, or based on meeting tight-rope high production goals. More commonly missing those goals but getting credit for being kind of close. What is Rakuten? Joining the S&P 500 will give Tesla stock a new stability that comes from being part of all those market index mutual funds and market index ETFs. At the same time, the company may inject a bit of volatility back into …