Good morning. Stocks decided that positive vaccine news is more important than the economic..
I hope you had a great weekend. It's great to see people out and about, masked or not. I happen to live where things are opening up more quickly, and I have to tell you, it's a relief.
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| Wednesday, November 25, 2020
Stocks decided that positive vaccine news is more important than the economic restrictions occurring given the rising numbers of Covid-19 cases. In a typical year, the period from Thanksgiving to New Year's is one of the best times to be in the market. Stocks tend to head higher on light volume amidst holiday cheer.
It would be foolish to think that this year would follow that trend perfectly. But given that we just had a bear market in March, the odds of another massive pullback are unlikely. Tread lightly this holiday season, and look to the latest lockdown news as a clue for the market's next big swing. But so far, we're on track for a traditional year-end holiday rally. | | Actionable Trade Ideas For Today: |
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