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Insiders Club - 12.30.2014 Bookmark

12.30.2014

Hello everyone, welcome to a new day.

Yesterday the DOW failed to put in it's 8th straight green session. The S&P however did manage to do that. That means we're obviously running on fumes here.

Year end trading is always a choppy sloppy mess. Why? Well you have some folks that look at their year and figure maybe they'd like to lock their gains in. Then of course you have some folks that decide they'll take the tax loss on a few of their "dogs" and they sell for the tax credit.  That's opposed by those who figure that if they just wait until January, they don't have to face the tax man for over 14 months. So we generally see the market grind higher in the last week of the year, but inside the indexes there is often a lot of whippy action.

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