Word on the street is that a deal has been reached by Washington's power brokers. The market is rallying, but whether any deal that includes increased taxes like the one that is being reported can get out of the House is questionable at best.
Don't trade off of these rumors. Wait until there is something finalized before you put any confidence in the rumors filling the air waves.
Also included in the video is my analysis for the upcoming year and the strategy I'll be employing.
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Ryan (@shareplanner) specializes in swing trading strategies and is the founder of SharePlanner which he created to help and teach others on how to trade stocks better using multiple approaches and time frames. Each day you can count on Ryan to provide his trading advice as well as transparency in every trade that he makes. Ryan Mallory resides in Central Florida. More >>