The markets opened lower only to move higher as expected. The SPDR S&P 500 ETF (NYSE:SPY) opened just above the 200 moving average support. In addition, the light volume and Federal Reserve propping appears to be good enough to push the markets higher for a majority of the day. The light volume should continue until the new year. Small caps continue to roar with micro biotechnology leading the charge. In addition, small regional banks seem to be hot too. Join the Research Center to gain access to the most exclusive analysis, guidance, swing trade and education group.
Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com
#1 Rated
You need to be a member of inter-market-analysis.com to add comments!
Comments