Fiscal Cliff Deal Reached: End of Year Technical analysis and trading video
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.
Stocks covered in this video: SPX & SLV