I wanted to share with everyone my latest appearance on Cheddar News’ “Closing Bell” with Kristen Scholer, where I covered Tuesday’s low-volume rally.
After dipping its toes into the red, the S&P 500 remembered that it isn’t allowed to trade lower. Stocks like Home Depot and red-hot EV names like Tesla, Lucid Group, Ford and Rivian Automotive have helped keep momentum moving as trading thins out ahead of the holidays.
It’s hard to say how much longer the party can go on before the stock market cracks... But we covered the corners of the market where I see opportunity, and one stock I won’t be trading anytime soon in this interview.
Check out my appearance on Cheddar and let me know what you think! If you have any trading questions for yours truly, just reply directly to this email!
Disclaimer & Disclosures The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.
0 Response to "How Much Longer Can Momentum Carry the Low-Volume Rally?"
Post a Comment