The markets are not doing anything of any great magnitude, the indexes trading lower but above where they opened and hovering around the T-line support area. Maintain positions that are continuing to trade above or below the T-line but keep some dry powder ready for going after sectors that are showing the greatest strength on Thursday. The afternoon trading is likely to be very light.
December 31st Daily Market Comments
The markets are not doing anything of any great magnitude, the indexes trading lower but above where they opened and hovering around the T-line support area. Maintain positions that are continuing to trade above or below the T-line but keep some dry powder ready for going after sectors that are showing the greatest strength on Thursday. The afternoon trading is likely to be very light.