Bulls, Bitcoin, & Beyond

Market Moves Yesterday

S&P 500 @ 4,783.35 ( ⬆️ 0.037%)

Nasdaq Composite @ 15,095.14 ( ⬇️ 0.027%)

Bitcoin @ $42,359.02 ( ⬇️ 1.32%)

Hey Scoopers,

Happy Friday!! It is the end of yet another eventful year 🥳.

Today, we look at the remarkable turnaround for equities in 2023. Additionally, we also ask for your input to make our content even more engaging and relevant.

The Stock Market Has Recovered

In the last 12 months, investors have wrestled with:

👉 Rising interest rates

👉 A sluggish macro environment

👉 Geopolitical tensions and

👉 Industry-wide layoffs

Despite these headwinds, the S&P 500 has surged over 25% while the tech-heavy Nasdaq Composite index has gained an astonishing 45%.

Investors are bullish on the artificial intelligence megatrend, driving shares of mega-cap giants such as Nvidia, Microsoft, Alphabet, Meta, Apple, and Amazon higher year-to-date.

While several experts predicted a recession would drive the stock market lower in 2023, U.S. equities almost reclaimed record highs on solid employment numbers and the prospect of multiple interest rate cuts next year.

Yet again, it showcases the unpredictable nature of investors and reminds us that staying invested in the stock market is the best strategy for long-term shareholders.

Avoid timing the market. Instead, allocate a majority of your investments towards low-cost index funds, providing you with diversification and lowering your risk profile.

New Year Poll

Now, here’s an audience poll to gauge the sentiment and expectations of readers at 3 Big Scoops.

Do you think stocks will end 2024 at all-time highs? Or will Gold stage a comeback, given the precious metal thrives amid periods of chaos? Or will Bitcoin break the $100,00 barrier with the launch of multiple ETFs in 2024?

What Should We Cover In 2024?

The 3 Big Scoops Newsletter was launched on October 14, 2023, and we will end the year with roughly 1,500 subscribers.

We want to thank all our readers who have signed up for our daily newsletter. With an average open rate of almost 40%, we already have a highly engaged reader base. However, we would love the number to cross 50% in 2024.

So please let us know what you want us to cover in 2024.

As we step into 2024, we promise to continue delivering insightful, timely, and actionable content that helps you make informed decisions.

Thank you for being an invaluable part of our community. Cheers to a fantastic year ahead!

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions. Please be careful and do your own research.