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StockNews.com
StockNews.com
Business
Steve Reitmeister

THE TRUTH ABOUT: Holiday stock rally is an optical illusion - Caught on Camera

Yes, stocks closed above notable resistance at 4,000 for the S&P 500 (SPY) on Tuesday. But with more holiday sessions to go this week...then likely prices will continue to creep higher a little while long.

The key at this stage, as it comes to price action, is whether stocks really have what it takes to clear the hurdle of the 200 day moving average (now at 4,062).

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