Twilight Zone
This week's trading will likely resemble the twilight zone more than anything else ... that space between reality and imagination. With low volume, end of year trading tends to be a slow climb as few players tend to want to get in the way of a rising market regardless of what else is going on.
The biggest question in my mind is what the new year brings and will there be some selling in anticipation of that. If so, you should expect that anticipation selling to show up towards the end of this week. Until then the conditions favor a continued slow rise.
The biggest question in my mind is what the new year brings and will there be some selling in anticipation of that. If so, you should expect that anticipation selling to show up towards the end of this week. Until then the conditions favor a continued slow rise.
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