This weeks Video Watch List can be viewed here 

I will be releasing a great review Video tomorrow 

The Santa Claus is underway and the markets are acting like they should in accordance with this time frame in the year. We could see more upside as there could be additional window dressing of stocks going into the end of the year. Window dressing is when mutual fund and portfolio managers improve the appearance of the portfolio before showing it to the clients. This process can be described as selling  stocks  with large losses and buying stocks that have been great performers for the year. The positions will held and reported as part of portfolio or funds holdings. 

The end of the year also has big tax consequences and stocks that have not performed could fall further as they are dumped.. 

A note from the StocK Traders Almanac: The last trading day of the year the Nasdaq has been down 11 of the last 12.

Either way  the path is clear here at DTR after Patience to wait for the best trades, Discipline to control profits and losses, and confidence in knowing that each trade is at its best possible entry. That's my goal with the HPS.

Next week's line up consist of 2 best bets actually 3. but each set up is golden and I expect some nice profits for the last week of the year.

We had some great scalps this week on was a pure 60 min divergence set up in AMGN. Just like any trade always make sure you have the wind in your sail the 60 min stochastic oversold level was a clear higher low and a fast rotation back from over bought levels. This was so nice I will be looking for them more aggressively 

DTRS