Markets are in a strong uptrend as we begin a new month, shown below using the S&P 500 equal-weighted ETF, RSP. Many are concerned about a pullback, but even a strong horse must take a rest.
Sideways from here until mid-December, however, is still very strong in my book.
That will set up a Santa Rally in the Dow 30 that, according to the “Stock Trader’s Almanac,” runs from Dec. 22-29.
Think and Win!
Celeste Lindman
Celeste Lindman Trading
P.S. Looking for Stocks That Pay You? Check This Out…
If there’s one thing you should know about me, it’s that I’m obsessed with finding ways to maximize my income.
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