Yahoo Finance

As we enter the last month of 2024 and look towards 2025, the technical condition of the stock market is very bullish. Of course, "everyone" on Wall Street knows that -- and whether you're a fundamental or technical analyst, it's difficult to support a bearish case. Unless you're a "perma-bear." The research heads at the major banks, brokerages, and research firms have sharpened their pencils and, so far, the consensus for the end of 2025, or at least the 2025 high, is between 6,500 to 7,000 on the S&P 500 (SPX). Considering the SPX is up almost 58% since 12/30/22, another year of 8%-16% gains would be icing on the cake. Since late October of 2023, the SPX's largest pullback was 8.5% in July and August 2024. There has not been one typical 10% correction in over a year. Looking at the December studies that use the performance of the prior 11 months (and taking some with a grain of salt if they hand pick when to start their analysis to get the best outcome), the average SPX December gain is 1.6% (going back to 1927) when we enter the month with a return of 25% or more. It's hard to find a major index that is not at all-time highs, and above a rising 200-day average. On the small- to mega-cap indices, 70% to 77% of stocks are above their 200-day averages. As well, the major index advance/decline lines have made continual all-time highs since bottoming in October of 2023. This bull is 25 months old and bulls markets last three to four years on average. So the historical runway offers more room. The high target we have for the SPX is 6,500, but we will monitor the technicals (as we always do) and not get caught up in the guessing game. (Mark Arbeter, CMT)

The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

The Vickers Top Insider Picks is a daily report that utilizes a proprietary algorithm to identify 25 companies with compelling insider purchase histories based on transactions over the past three months.

Crane is a diversified industrial firm that manufactures a broad range of products, including valves, pumps, aerospace components, and fiberglass-reinforced plastic panels. Its business is organized into three segments: aerospace and electronics, process flow technologies, and engineered materials. Crane generated approximately $2.1 billion in revenue in 2023.