The Holidays are upon us once again, and while many people are busy hosting guests, spending time with family, shopping for those bargain deals and putting together their New Year's Eve plans and resolutions, I want to remind you all not to neglect your portfolios!!!
For the last few years, we have seen a bit of a selloff in the final week of the year. This is often due to profit/loss taking by traders for the current tax year. While this may be a little different this year since the Market hit record highs, I would still be cautious as the time approaches. For the last year, we saw a dip in the Dow heading into the final trading days followed by a nice gap up after the 1st. I would look for that trend to possibly continue.
December has always been our best month at ETNtrade. If you are not already on board, what are you waiting for. The tuition is very reasonable and the Membership has more benefits than any other trading site out there. Message me now or join us at one of the upcoming Live Trading Events by clicking the link in the right column of this page. I look forward to trading with you all in 2019.