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While stocks have been choppy the 20 Day Moving Average has been acting as solid support.
If it indeed holds and stocks rebound, the rising uptrend will remain intact and S&P 6200 becomes a real possibility by the end of December.
That would indeed make for a jolly "Santa Claus rally".
Portfolio manager Lance Roberts and I discuss the odds of this happening, as well as year end portfolio planning strategies, Bitcoin, the perverse incentive driving today's financial system, and Lance's firm's latest trades.
For everything that mattered to markets this week, watch this new Weekly Market Recap.
#bullmarket #stockinvesting #technicalanalysis
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