Never short a dull market
Never short a dull market.
The average daily trading band for the $.SPX(.SPX)$ is currently its lowest in years.
The Santa Clause rally is in progress.
Look for stocks to continue to melt up into Inauguration Day in mid-January.
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ $Tesla Motors(TSLA)$ $Amazon.com(AMZN)$
1 of 3 >100%+ gainers already in my Small Cap 6
$Innodata(INOD)$ setting up beautifully for the next leg higher.
We’re long from $17 at Marlin Capital.
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- bluekiwiseed·12-10Inod just completed a bullish flag, but its 3rd bar wasn't green (which was understandable because it reached the price level), and it fell drastically to 43.30. I find this problematic because the flag should form a new support level at 47-48; otherwise the flag will turn into consolidation that cycles between 43 and 49, failing to break 50.LikeReport
- KSR·12-10👍LikeReport