A Recent 233% Winner In the Bag
Three Weekly Trades readers got an SPX play that scored folks following along a 233% one-day winner… during a week when markets tanked. This extremely beginner-friendly trade is courtesy of… | | A Year Without Santa: What the Technicals Say About a Near-Term Bottom
By Brandon Chapman, CMT
By any measure, the "Santa Claus rally" that historically boosts stocks through the end of a calendar year has failed. | There are just a handful of trading sessions left in the Santa Claus rally period, but I still see folks hopefully scanning the horizon in hopes the jolly fat bull might appear… There's a tendency among some to squawk about a bull market - then lean on the "greater fool" to save them. | But I want to show you what the charts say. | We'll dig into the technicals of this correction and see if there's a silver lining. We'll run through four signs sellers throw off when they're about to run dry. | Let's take a look… |
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