Seems about 80% of the market sees a Santa rally as a sure thing.......... Maybe it is, but how about we smash lower first of all, get the easy money crowd out then rally. Markets are perverse didn't you know
market up on a big suprise news event . a bounce in a downtrend market With all the headwinds with europe nothing has really changed. major issues that need to be resolved . not going away anytime soon would make sense to expect a pullback by next week . i think we fade a good part of this move It will be interesting if the market can hold onto most of the gains this week ?