Welcome to 2013. SPX futures are up 20 points after the House passed the Senate’s fiscal cliff compromise. What do I think of the Fiscal Cliff Rally? Here is what I wrote on Dec. 10th …
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I wrote last week about my thoughts on the “Fiscal Cliff Rally” on a resolution: The Fiscal Cliff Rally. It’s been a favorite expression among traders for the past few weeks. It implies that the …
Continue readingThe Fiscal Cliff Rally. It’s been a favorite expression among traders for the past few weeks. It implies that the politicians will eventually come to some sort of compromise, triggering a rally as the worst-case …
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