Watch This Level to Determine a Santa Rally
The level to watch in the S&P… awful consumer sentiment numbers… more data showing a deteriorating U.S. consumer… Amazon’s $50B AI spend for the government… a free AI stock from Luke to buy todayVIEW IN BROWSERAs I write late-morning on Monday, the S&P trades just below a critical fork-in-the-road level: $6,850.If we can break and close above it over the next few days, we’re likely heading to new all-time highs by Christmas. But if the market doesn’t break that level, it could mean retesting November’s lows ...