…an independent advisory firm building wealth with active portfolio management

Tag: Breakout

  • Hard breakout needed for Santa Claus Rally

    With the market up a trifling 1.5%, many are prognosticating about a seasonal Santa Claus rally.  I think it’s unlikely, but the market doesn’t care about what I think. For the market to end the year on a high note with the S&P500 in the range of 2130-2150, then a hard breakout is needed around…