Holiday Cheer Is in the Air
After the market has a big day, as it did on Monday, the best thing it can do is to hold close to flat and consolidate gains. That means letting those who were looking for fast flips exit and those who were hesitant to chase ease in. As the base of shareholders turns over, the market builds a foundation from which it can move higher.
The timing of this action is fortuitous because it provides a good setup for the generally upbeat action that usually surrounds the Thanksgiving holiday. Every year, hot-money traders seem to find a few thinner stocks that can aggressively run up. It makes for a positive mood and other stocks tend to benefit as well. I'll be looking to aggressively trade a few small-caps tomorrow....138 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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