What a month of November we just had…
This was the best November for the Dow and the S&P 500 since 1928. In fact, it was the best performance the markets have seen in any month since 1987. And this is despite the fact that both the S&P and the Dow pulled back a bit yesterday, the last day of the month.
This historic bull rally was fueled by two key factors:
1.) Friendly Fed and Treasury Department: The friendly FED and Treasury Department have kept capital flowing freely.
2.) Operation Warp Speed: The emergence of at least two (and maybe a third) vaccine should put the pandemic behind us in 2021.
Valid reasons for optimism? You bet.
But get this: December will be even better, with big moves beginning today – the first day of the month.
Here’s a week-to-week guide to this bullish December so that you can plan ahead.
This Week: November 30 – December 4
As I mentioned, we did see the markets pull back a bit yesterday. We could see a dip as the week goes on, but that’s okay: We will use the dip to position ourselves.
Pay attention to earnings this week: CRM on December 1, and DG and COO, both on December 3.
We’ll get a good idea about retail, business, and tech activity thanks to these and other key earnings events. And we’ll be taking advantage of the opportunities that are created. Many of these opportunities are already being discussed in our 24-Hour Global TradeRoom. It should be a stellar week. The pivot number I want you to pay attention to is 3645.
(My TBUZ TV subscribers will know if that number changes.)
Next Week: December 7 – 12
Next week should be another stellar week. First, keep a close watch on the way the next EIA report moves the energy markets. There should be some big opportunities to help grow your account – I may even feature one of them in my High Noon update next Monday.
Also a very big deal next week: the FDA will be meeting in open session on December 10 to discuss Emergency Use Authorization for the Covid-19 vaccine developed by Pfizer (NYSE: PFE) and BioNTech. We will be paying very close attention to this.
Finally, December 8 is significant, since this is the deadline for resolving elections on the state level.
Week of December 14 – 19
The big event will be the Electoral College vote, scheduled for December 14. If everything continues to run smoothly, it should provide some fresh powder for the markets.
Also, depending on how long it takes for the FDA to authorize the Pfizer / BioNTech vaccine, Moderna (Nasdaq: MRNA) will be next in line for approval.
Week of December 21 – 25
This will be the week of a much-anticipated Christmas rally. I’m already anticipating a busy time and a flurry of activity in our 24-Hour Global TradeRoom. It should be a good one this year.
Of course, with everything going on between vaccine approvals, earnings season, and the electoral vote, we might even expect Santa to come a bit earlier this year…
Week of December 28 – January 1
This is a week a lot of people go on vacation. Not us. We’ll be taking advantage of what is typically one of the best trading weeks of the year.
This final week of the year should be even better than normal, as the sugar rush that we’ve been seeing should carry over into the new calendar year… and it should continue well into 2021.
December’s Golden Opportunity
Clearly, there’s a lot to look forward to this month. I’m looking forward to helping my subscribers grow their accounts with all of the opportunities coming our way.
I thought I’d also mention gold – it’s been in a downtrend lately. I’m expecting it to catch life in December, so keep your eye on it.
I mentioned a few places where subscribers can find the places where we’re going to be pointing to the best opportunities. If you want to stay on top of it all, you should consider signing up for TBUZ. That gives you access to me starting with our Sunday Night Battleplan session each week.
With this sugar rush upon us, there’s probably no better time to sign up. Follow this link for more information.
And like I always say…
I’ll catch you on the flip side.
Tom