The push for the Dow 20,000 is still in progress. The Dow chart remains strong, producing a potential J-hook pattern again during this uptrend, the same can be said for the NASDAQ and the S&P 500. Continue to hold long positions, there are a few short positions that can be added to the portfolio as insurance, IE LVS, SSYS. However, the majority of the positions should be going with the flow, uptrending.
December 20th Daily Market Comments
The push for the Dow 20,000 is still in progress. The Dow chart remains strong, producing a potential J-hook pattern again during this uptrend, the same can be said for the NASDAQ and the S&P 500. Continue to hold long positions, there are a few short positions that can be added to the portfolio as insurance, IE LVS, SSYS. However, the majority of the positions should be going with the flow, uptrending.