{"id":469075,"date":"2025-12-24T15:38:22","date_gmt":"2025-12-24T15:38:22","guid":{"rendered":"https:\/\/www.europesays.com\/us\/469075\/"},"modified":"2025-12-24T15:38:22","modified_gmt":"2025-12-24T15:38:22","slug":"stocks-posted-a-record-close-why-katie-stockton-is-watching-out-for-a-downturn","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/469075\/","title":{"rendered":"Stocks posted a record close. Why Katie Stockton is watching out for a downturn"},"content":{"rendered":"<p>Wall Street is heading into the Christmas holiday riding high, though not everyone is convinced that these levels are sustainable. The S &amp; P 500 climbed 0.5% on Tuesday to end the day at 6,909.79, a record close. The move brought the benchmark&#8217;s 2025 advance to 17.5%. The index is well on track for its third straight year of double-digit gains. But Katie Stockton, chart analyst and founder of Fairlead Strategies, thinks a pullback may be in the cards for the market soon. &#8220;Since mid-October, we&#8217;ve seen a loss of momentum,&#8221; Stockton said in a CNBC &#8221; Squawk Box &#8221; interview. &#8220;You feel the ups and downs; it&#8217;s more volatile.&#8221; &#8220;That&#8217;s not necessarily bearish, but what we have seen is a loss of intermediate-term momentum that puts us on watch for a deeper corrective phase,&#8221; she said. Indeed, while the S &amp; P 500 is at record levels, it has seen 12 daily moves of more than 1% since early October. Seven of those moves were lower. Stockton noted that a close above 6,911 would serve as a &#8220;short-term positive catalyst.&#8221; Otherwise, &#8220;we&#8217;re going to assume that we&#8217;re still in this kind of corrective mode and wait for a better entry point.&#8221; She also pointed out that trading volume this week has been light as U.S. markets will be closed Thursday for Christmas Day. The stock market will also close at 1 p.m. ET on Wednesday. The SPDR S &amp; P 500 ETF Trust (SPY) traded just 64.84 million shares on Tuesday. That&#8217;s well below the 30-day average volume of 86.14 million, per FactSet. Volume across U.S. exchanges was also lackluster at just 14.4 billion versus a 50-day average of 18.6 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"Wall Street is heading into the Christmas holiday riding high, though not everyone is convinced that these levels&hellip;\n","protected":false},"author":3,"featured_media":469076,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[81,13656,171,135,145,95914,67,132,68],"class_list":{"0":"post-469075","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entertainment","8":"tag-business-news","9":"tag-earnings","10":"tag-entertainment","11":"tag-markets","12":"tag-sp-500-index","13":"tag-spdr-sp-500-etf-trust","14":"tag-united-states","15":"tag-unitedstates","16":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115775295187688904","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/469075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=469075"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/469075\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/469076"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=469075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=469075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=469075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}