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So we returned from Thanksgiving break expecting some more selling and found stocks… going up.
Yep. The S&P 500 managed to grind out about 0.88% in gains. That's hardly a raging bull, but at least it means the selling's over with… right?
Not hardly, although Monday and Tuesday, traders were undeniably looking at the sunny side of life.
But on Monday, fully 19 of 20 "Turbo Stocks" I track for my paid-up subscribers returned short-side gains, meaning they went down.
Just one bull against 19 bears? Hamburger's on the menu, folks.
Still, these small gains on the S&P 500 can tell us something valuable…
About the Author
Chris Johnson is a quant - he's obsessed with building and perfecting mathematical models that allow him to predict, with startling accuracy, the direction of the markets, entire sectors, and individual securities. For the last year, he's been researching and building a new system that lets him move swiftly in and out of the hottest stocks in the market for life-changing gains - entirely on his own terms. The results of his newly-minted Night Trader system are nothing short of amazing.
Chris also contributes to Money Morning as the Quant Analysis Specialist.