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Daily Stock Discussion for Thursday December 3rd

Yesterday we saw a big swing closed higher. This was pretty bullish, but as we approach the highs we need to see a way of new buyers. I can see there’s probably a pent up demand for stocks considering the vaccine is on the horizon and companies and consumer spending are better than anticipated.

SPY

QQQ

VIX

My Trades
I closed out all my short term trades.I was down pretty significantly, but manage to close with a slight profit yesterday which makes for a good day.