Day Trading Stock Picks & Weekly Review - December 3rd.

1,823 views · Published 3 December 2017 · 4:30 · Indexed 22 October 2026

Channel: Meir Barak - Day Trading · 2017 · Education

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We ended the most volatile week of the past year. The S&P 500 index gained 1.5% last week, the Dow Jones rose 3%, but the interesting story of the week was that the Nasdaq fell 1.1%. 
Technology stocks that led the rally like Netflix and Facebook lost more than 4% , But on the other hand, energy and financial stocks rallied to new highs. 
The US tax reform was the main reason for the 2017 rally, however, the tightening investigation around Trump's administration sparked serious concerns. 
With the approval of the tax reform law, there is a high probability of realizing the familiar term: "Buy rumors and sell the news.“ Are we at the point of selling the news? 

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