Day Trading Stock Picks & Weekly Review - December 24th.
Channel: Meir Barak - Day Trading 
Date: 24/12/2017

The S&P 500 rose by 0.3% last week, completing an almost 20% increase in 2017. The market will open on Tuesday and investors expect profits to continue in the Santa Claus rally until January 3rd, but it is likely that the sharp rise this year will prevent the market Keep climbing. The tax cut was approved on Friday, another reason for “selling the news“ pressure. All together, I believe that the final week of the year is a wild card. We have tax cut sellers, and profit taking and on the other hand, Santa Claus Rally and the continued upside trend.

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