Why is there a year-end rally? Well, that's because Christmas is coming.
$NASDAQ 100 Index (.NDX.US)$ During the summer, people take a vacation from the market and re-enter in November to make some quick money. Americans start getting excited a month before Christmas. They quickly shift from being negative to optimistic. They take profits before the year-end and re-enter after New Year's. Their concerns about Trump have transformed into hopes. Americans are already starting to think that tariffs, immigrant exclusion, and easing are all going to benefit America - at least that's what I, personally, think ^_^ There are visible uncertainties but it's not completely without worries. We might see a minor rally, so if it drops, just think of it as a buying opportunity for next year ♪(´ε` )
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