As we begin the final trading month of the 2024 calendar year, it’s truly a sprint to the finish line between the major market indices.

As of this morning, the S&P was up +26% year to date, the Nasdaq Composite was up +28% year to date, and the Dow was up +19% year to date.

Will the gains extend here in December?

Or, will we see profit-taking before we close the books on 2024?

That’s precisely what we’ll be tracking inside The War Room to close out the 2024 calendar year.

But in the meantime, a new development has caught the attention of many traders on Wall Street – which is what I’d like to address today.

The topic on everyone’s mind is Wall Street’s extended hours trading push – and the implications that it could have on our day-to-day trading.

Here’s a quick summary…

As I’m sure you’ve heard, talk of extending market trading hours has been gaining momentum on Wall Street.

The 24X National Exchange is set to launch next year – which wants to be open for business from 4:00 a.m. ET to 7:00 p.m. ET on weekdays, with the potential to expand its trading window to 8:00 p.m. ET on Sunday through 7:00 p.m. ET on Friday (with a one-hour pause each day).

Karim and I will continue to trade the normal trading hours, but if this ultra-long trading window takes shape in 2025, then it’ll be bullish for exchange and brokerage plays such as:

• Intercontinental Exchange (ICE): Owner of the New York Stock Exchange
• Robinhood (HOOD): They’ve already added extended hours trading to their list of services – which will only increase trading frequency and customer engagement.
• Chicago Board Options Exchange (CBOE): They’ll benefit from added volatility – which could be created from extended hours trading

YOUR ACTION PLAN

Just this morning, I issued a new trade inside The War Room on HOOD that stands to benefit off this push to trade extended hours – and it was an immediate 11% winner. If you’d like to start making these trades alongside other War Room members – in real time – then you’re invited to join us today!

P.S. Also, don’t miss our newest live trading demo later this week. See below:

Join Nate Bear LIVE!

This Wednesday, December 4th @ 2p.m. (ET), our college Nate Bear will unveil his newest trading strategy called Sector Strike – and Trade of the Day readers (like you) are invited to reserve a front row seat – for free! Click below to lock in your spot!

Click here to sign up today.

MONDAY MARKET MINUTE

• Sum of Parts: Barron’s argues that a “sum of parts” analysis makes Google (GOOG) worth around $260 per share, which is 50% higher than current levels. Tracking.
• Potential retail winners ahead of Christmas: My own personal channel checks over the Black Friday holiday shopping season have led me to the following winners in this year’s holiday shopping season. Some of those include Costco (COST), TJX Companies (TJX) and Abercrombie and Fitch (ANF). Check the Wake-Up Watchlist every morning for more retail picks.
• Goldman Sachs Initiates Buy on Cleveland Cliffs (CLF): The prevailing sentiment towards the U.S. steel industry seems pessimistic given concerns on global over supply and weak but improving pricing. But the firm is more positive given its belief that both cyclical and structural factors could drive earnings growth for the domestic steel industry.