November 19, 2012 at 14:24 PM EST
Waiting For A Santa Claus Rally
In my post last week I noted a number of positive divergences in the FX market (see Waiting for the bounce) and thought that equities were poised for a bounce. Now I am seeing bullish divergences in the VIX Index as well, which suggest that the markets are poised for a more sustainable rally into December much like the traditional Santa Claus rally. [More...]
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