- As the Santa Claus Rally continues to play out, the S&P has once again entered the primary resistance band between 4500 and 4700.
- In our mind, while we like what we are seeing, now is not the time to pile into stocks in scale, with the S&P up about 10% in three weeks, smack in the middle of resistance.
- The time for that was while the market was still oversold. Now, it is time to transition to "monitor mode" as we. . .