{"id":71516,"date":"2024-12-01T15:21:00","date_gmt":"2024-12-01T23:21:00","guid":{"rendered":"https:\/\/drduru.com\/onetwentytwo\/?p=71516"},"modified":"2024-12-01T15:21:01","modified_gmt":"2024-12-01T23:21:01","slug":"lazy-holiday-week-sets-up-december-buys-the-market-breadth","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2024\/12\/01\/lazy-holiday-week-sets-up-december-buys-the-market-breadth\/","title":{"rendered":"A Lazy Holiday Week Sets Up December Buys – The Market Breadth"},"content":{"rendered":"\n

Stock Market Commentary<\/strong><\/h2>\n\n\n\n

Holiday trading last week was deceptively lazy. The indices did a lot of churning, yet the S&P 500 and the ETF of small caps each made all-time highs at some point. A good number of individual stocks developed and followed through on bullish setups. For example, all week long, new highs greatly outnumbered new lows with Monday delivering the largest gap of 397 vs 6<\/a>. Advancers outnumbered decliners Monday, Wednesday, and Friday. The technical signals on Friday<\/a> were dominated by bullish setups. Now the stock market can look forward to December’s holiday cheer…unless the Federal Reserve somehow disappoints in its announcement on monetary policy the week before Christmas<\/a>. Tensions could run high as the market wrestles with the potential for the Fed to withhold rate cut<\/a> goodies.<\/p>\n\n\n\n