I will discussing my top 5 favorite stocks heading into 2015
General Options Blog
My Baidu ($BIDU) Trade
December 2nd, 2014 Watch List
Tuesday Morning Reads – 12-2-14
Stocks are set to open the trading day on a positive note. Companies are reporting record traffic on Cyber Monday, including the likes of WalMart. Stocks remain a stones throw away from fresh record levels and we just might see that before the week is done.
Here is what I am reading this morning:
My Strategy for December
We all know that December is seasonally a strong month, one of the strongest of the year in fact. What many do not know is that the 1st two weeks of December actually have a bearish seasonality. We are seeing that right now, as the SPY opened the month down .75%. Despite the fact that there are a few technical indicators that are bearish (such as the RSI being near 70 which is overbought and the MACD rolling over)I think that this mini dip is setting up nicely for many long trades into year-end. In the article I will go over a few observations that I had today and how I plan to act tomorrow and the coming days.