What a week.
Corona-Virus continues to wreak havoc on most everyone’s personal and business lives as new cases are growing – New lockdowns are getting issued in different regions depending on your location.
Pfizer gave hints that it will take months for the US to deploy the new Covid-19 vaccine
The November Jobs report missed economists views by quite a bit.
And even with all that the markets still continued to climb to new highs.
Investors Business daily has the market in a …
It appears Congress is on the verge of passing a new deal to help with the economic woes due to the virus. If that happens to fail it could cause some draw downs, but only time will tell.
Day to day anything can happen in the market but overall the markets are very strong and trending upwards. The market internals support the strength and the types of trades coming out of this market continue to be solid.
It’s best to be on the long side of the market now.
Link Below downloads this weeks setups.