All the humbug just makes you want to wrap you favorite stocks in a gift package and save it for X-mas! Treat yourself this winter by buying the US stock market. I promise you, this is not an ad.
Long SPY:
Weekly Channel:
Daily Chart Pattern:
Fundamental:
US Fed is maintaining its hawkish tone. The elections fogged up the view a little bit, but December will show us that a rate hike will be the BIG SURPRISE.
The US has solid employment, sales and earnings are still good. Any Eron's in the house? No. Any too much hype? No. Just Youtube gurus spouting off of how they are making millions in the market (cough.. cough: selling "courses" on how to get rich like them by gambling and dabbling). We are not here to get rich, but just be profitable and good to go.
Trade active
No reason to be a big ol' bear bully. The market is moving sideways and building up steam. Lighten up on those shorts. Well, almost feeling like a lonely bull, but I have a few comrades piling in together; so, its cool.Note
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.