11 November 2014

SP 500 and NDX Futures Daily Charts - Quiet Trade

Today's trading was quiet as the Banks were closed for Veteran's Day.

Stocks ended with an upside bias on light volumes.

There was little economic news to drive trading.

I have the sense that now is not a bad time to start positioning portfolios for a market downturn.  We may not get it until after the first of the year, but stocks overall look to be fully valued.

Have a pleasant evening.