Stocks Edge Higher, But Indicators Suggest Possible Pause Ahead
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Dow Jones futures edged higher after hours; S&P 500 and Nasdaq also rose slightly. Stock market rally saw modest Tuesday gains, with small caps leading.
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Netflix, Monday.com, Microsoft, Datadog, and MongoDB are holding in or near buy zones, though market looks overbought short-term.
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S&P 500 is 1% from all-time highs, Nasdaq back above 15K level. But indicators suggest pause or pullback could be ahead.
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Tax-loss selling could be over by early January, offering possible new buy opportunities if market firms.
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Investors could take some profits during Santa Claus rally but should remain significantly invested given market strength.