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After taking morning profits, investors are looking to buy two stocks in an oversold market. This strategy reflects a shift in market sentiment as traders seek opportunities amid current conditions.
Erste Group Bank AG shares have surged 60% this year, outperforming peers in the CEE banking sector. Despite raising the price target from EUR 52 to EUR 62, Raiffeisen Bank International AG maintains a "Hold" recommendation, citing macroeconomic uncertainties and limited potential for positive surprises ahead. The outlook suggests a sideways trend in profits until 2026, influenced by economic challenges and upcoming monetary easing.
Morgan Stanley's Mike Wilson recommends a barbell investment strategy for 2025, balancing high- and low-risk assets amid a mixed economic outlook influenced by potential policy changes under Trump. While corporate tax cuts could boost earnings, risks from tariffs and immigration policies may create uncertainty, leading to a conservative market approach early in the year. The S&P 500 is projected to rise over 7% to around 6,500 by year-end.
XRP has surged nearly 500% from mid-November to early December, with analysts predicting a bullish future. CrediBULL forecasts a potential rise to $22 by early 2025, suggesting a market cap of over $1.2 trillion, while emphasizing the importance of focusing on long-term trends rather than short-term fluctuations.
The stock market is poised for a correction in early 2025, as bullish sentiment reaches extreme levels, with 63% of investors optimistic. Indicators like the McClellan Summation Index and a record high in call options suggest a slowdown, prompting advice to take profits during the upcoming Santa Claus rally.
Investors are concerned that Trump's potential trade tariffs could exacerbate inflation, as retail sales rose 0.7% in November. The Dow Jones is on track for its longest losing streak since the 1970s, while Nvidia faces challenges with thermal issues in its chips, impacting its stock. Tesla continues to rise, with analysts projecting a bullish outlook for 2025.
Bitcoin's Total Value Locked (TVL) in decentralized finance (DeFi) has surged to an all-time high of $6.9 billion, surpassing BNB Chain and marking a sixfold increase in just two months. This growth is largely driven by the Babylon staking platform, which has attracted over 128,000 stakers and accounts for $5.6 billion of the TVL. While still trailing behind Ethereum's $88 billion, Bitcoin's rising DeFi activity signals a significant shift in its use case and potential for future price gains.
Investors are increasingly bullish on US stocks, with a record 36% of respondents in Bank of America's December survey indicating an overweight position in equities, the highest in the survey's history. This shift coincides with a drop in cash allocation to 3.9% and a growing belief that the global economy will avoid a recession in 2025. Despite signs of persistent inflation, 33% of investors anticipate a "no landing" scenario, where growth remains strong without a significant decline in inflation.
U.S. stock indexes pulled back, with the S&P 500 down 0.4% and Nvidia's stock falling 1.2%, marking its eighth loss in nine days. Despite this, the S&P 500 is up nearly 27% for the year, buoyed by strong economic resilience and expectations of favorable policies from President-elect Trump. Bitcoin briefly surpassed $108,000 before retreating to around $106,500.

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