Hopes for a Santa rally are building as the S&P 500 and Nasdaq just confirmed a weekly buy pivot, with odds of a US rate cut now close to 100%. In today’s Closing Bell, we look at how powerful these weekly trends can be.
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Trump announces he’s made up his mind on the next Federal Reserve Chair. And it looks like the unlikely Santa Rally is back on.
Murray Dawes is the editor for
Murray Dawes’ Retirement Trader is one of the most impressive, most efficient, and best managed systems for trading stocks in any market that we’ve ever seen.
It is consistently among our top-performing advisory services in terms of strike rate and the average gains versus average losses.
Murray takes great pride in his track record and has helped his subscribers successfully trade through some extremely tricky market conditions, including the COVID panic, which saw markets crash 36% between February and March 2020.
Murray says the secret to his success is understanding the phenomenon of ‘widening distributions’ and how price action tends to move like a magnet within them.
That’s what makes stock price movements more predictable, says Murray, and more tradeable.