With it being the week of Christmas, you can expect investors to take some time off this week, especially after the year the market has had – so don’t expect a lot of heavy trading, because it isn’t likely to happen.
Today was a light volume day, that continues to trade in a consolidated manner. We’ll see if this week brings us the Christmas rally, much like Thankgiving provided us with last month.
We won’t be making as many postings this week, but will continue to follow the markets closely.
Here’s the Nasdaq and S&P charts…