Expert warns of potential disruptions to the "Santa Claus rally" amid market uncertainties.

Expert trader Lawrence G. McMillan warns of potential disruptions to the "Santa Claus rally," a period where the stock market typically gains in late December. Despite positive indicators like a decline in market volatility and the S&P 500 trying to rebound, new lows on the NYSE still outnumber new highs. McMillan advises caution, suggesting a bullish stance if the S&P 500 remains above 5,870, as the market outlook could turn negative without a rally.

December 27, 2024
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