Market On Open, Monday 15 December

DISCLAIMER: This note is intended for US recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. Nothing in this note is intended to be investment advice and nor should it be relied upon to make investment decisions. Read our full disclaimer, here.

Where Is Santa????

by Alex King, CEO, Cestrian Capital Research, Inc

Well, Santa was supposed to show up Friday but instead we got The Grinch, or Bad Santa, or the Wicked Witch Of The East or I don’t know what.

Actually though, it wasn’t so bad.

SPY held over the 21-day EMA on Friday; if the market was really breaking down it would have closed below that and be down further right now in pre-market trading Monday. So far the S&P is regaining a little ground.

I think that until proven otherwise, the indices are going to continue to move up. We take a detailed look below at the S&P500, the Nasdaq, the Dow, bonds, crypto, oil, volatility, tech and semiconductor.

15 Days Left Of Half-Price Commodity Algo Signals

Anyone with the foresight to join our Commodity Algo Signals service when it launched last month has had the opportunity to enjoy a tremendous run in silver prices whilst also avoiding the chop-and-drop in oil, all using highly liquid ETFs and simple once-per-day trade signals generated by our machine learning algos.

On 1 Jan, launch pricing comes to an end. Right now independent investors pay just $1999/yr or $249/mo to join - that doubles on 1 Jan. To join up whilst you can still grab this low launch price, go here.

US 10-Year Yield

Equity Volatility

The Vix is fairly quiet at present. That’s bullish for the S&P, all other things being equal.

Disclosure: No position in any Vix-based securities.

Now let’s talk about the S&P500, the Nasdaq, the Dow, bonds, gold, oil, crypto, and key sectors.