Not a Trader Is Stirring
It is no surprise that our half day of Christmas Eve trading was unremarkable. Volume was extremely light, breadth was weak and the indices drifted lower. Market players had little interest in buying especially since there are no signs that any progress will be made on the fiscal cliff deal during Christmas.
When we come back to work on Wednesday the focus will continue to be on the fiscal cliff. If there is no progress we will continue to see dismal trading. There just is no edge in doing anything until some progress is made on that issue and for many people the best move will be to sell and harvest gains and losses for tax purposes....92 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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