Tag: Market Trend
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Hard breakout needed for Santa Claus Rally
With the market up a trifling 1.5%, many are prognosticating about a seasonal Santa Claus rally. I think it’s unlikely, but the market doesn’t care about what I think. For the market to end the year on a high note with the S&P500 in the range of 2130-2150, then a hard breakout is needed around…