S&P 500 And The Christmas Covid-19 Blues
Can the S&P shake off the bears and get to rallying?
Our View — Turnaround Tuesday
I lost money trying to pick a bottom and then the ES rallied 40 points in the final three hours of the day and even more after the close. I think the odds favor a “Turnaround Tuesday.”
The S&P has sold off over 223 points from its new high made on Thursday, just three trading sessions ago. There are only 8 trading sessions l…