Market Notes for 12/12-12/16
Recap of last week: Last week we predicted that the market will have a low volume grind/choppy week ahead of big events this week, this was true for the latter half of the week but Monday/Tuesday saw some heavy selling with both days down around 2%. This was unexpected and seems like some systematic selling pressure that could be related to tax loss harvesting.
Economic Calendar/Important Earnings for the week:
Monday
Keep reading with a 7-day free trial
Subscribe to TT3’s Newsletter to keep reading this post and get 7 days of free access to the full post archives.