TopgOptions

SPY S&P 500 ETF Santa Rally

Long
TopgOptions Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
U.S. stocks tend to rise during the Santa Claus rally period.
The Santa Rally is considered the last five trading sessions of the year and first two of the new year.
Since 1950, the S&P 500 has traded higher 78% of the time during the Santa rally period for an average gain of 1.3%.

My price target for SPY is $384.

Looking forward to read your opinion about it.
Trade closed: target reached:
SPY S&P 500 ETF Santa Rally Price Target reached!

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