12/19/2013

Santa Clause rally is here

After spending few weeks post Thanksgiving going sideways the indexes had big bounce after the Fed meeting. This bullish move will likely continue in to new year. You should not have shortage of swing trading candidates with this bullish action.

Rotational kind of action continues and money was rotating in to new sectors like financials and home builders. IPO 's continue to do well.

All in all good year end action so far.

No comments: