Trader’s Elevate Markets On Hope

From | trend analysis
December 27, 2012 - 11:01pm

My thoughts on today’s action is that today was simply an oversold bounce that was likely to happen with or without a catalyst, but was ignited when some fiscal cliff hopeful resolution hit the news wires. I don’t trust a low volume news rally based on hope and with the VIX trending higher on the [...]

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