Bullish trade setups to start December
Friday stunk with ABC’s erroneous news report that dropped the Dow nearly 400 points in just a few minutes, and then today you had the huge gap higher, which gave everyone warm and fuzzy feelings all around, only to see the market sell off the hype and in particular the tech sector.
So for me it is a less than ideal start to the month. That’s fine, I’ve had less than stellar starts before, and this one is no different. You continue to manage the risk, and let the market take you where it wants to. I’ll admit though, having to deal with false market news, doesn’t make things all that easy for traders at all, so hopefully that’s the last of that.
Nonetheless, here’s my watch-list that I am following for the week ahead:
