The Santa Claus rally ain’t dead yet. Wednesday’s stock market pullback and yesterday’s rebound left the uptrend intact. A close below 4725 today would be needed to send Santa packing. Otherwise, party on till New Year’s Eve!
I wish you and yours a very Merry Christmas and Happy New Year. I’ll be around here off and on today and intermittently next week.
For moron the markets, see:
- Swing Trade Screen Picks – Buying The Lagging Dogs December 20, 2023
- Not Even the End of the Beginning December 18, 2023
- Dealers Stay Extended December 16, 2023
- It May Be Gold, But It’s Not a Given December 15, 2023
- Tax Revenues and Liquidity are Crashing December 4, 2023
- This Chart Tells Us Exactly When the Bull Market Will End November 26, 2023
- A Rally Can’t Live on Hope Alone November 20, 2023
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