
WALL STREET POSITIONING FOR SANTA CLAUSE STOCK MARKET RALLY
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Positioning Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: It is important for investors to pay attention to Wall Street’s positioning. It is the positioning that often, in large part, determines the reaction to news. Wall Street is positioning for a Santa Clause rally, especially in tech stocks. The chart shows that QQQ has pulled back into the support zone. The chart shows that RSI is oversold. Oversold markets tend to bounce. It is a