While it isn't exactly a ringing endorsement that the market is heading higher, it is an indication that the Grinch hasn't entirely spoiled the fun.
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The S&P 500 rallied and the VIX fell into the close as the market found intraday support. While it isn't exactly a ringing endorsement that the market is heading higher, it is an indication that the Grinch hasn't entirely spoiled the fun. Looking at breadth, there was an early indication and bullish unusual option activity in financials provides another silver lining. (OPK, TWO, IYR, XLF, KRE, DLTR, BB)…
Video Length: 00:19:22
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