December continues to show more range bound activity. And even though the Stocks Traders Almanac says this is traditionally the best month of the year, that has not been the case to date.
So will we have a Santa Claus rally this week? Or will the Euro-mess and Chinese growth concerns steal the cheer this season?
I personally think that we will end this week and the month higher than where we are now. Partially because of the usual good mood this time of the year. But also I think that Europe is receding from the headlines. The less we hear about them, the better it is for US stocks.
Now share your outlook below. And don’t be afraid to provide any details as to why you think that will be the case.
