The S&P 500 went up slightly in the last two hours of the trading day (roughly 6 points, or 0.8%). This could hardly be termed a rally. I sold off the 400 shares of JPM Chase I'd bought earlier in the day at a small profit (about $175), and held on to the 300 shares of Citicorp which are down about $60 from what I paid for them. Maybe there will be an Obama rally on Tuesday when he actually becomes the president....
Overall, last week was the best trading week I've had since November. I finished the week up about $2,950.
It's hard to tell what changed in me and what changed in the external environment from what obtained during the slump period that lasted for the entire month of December, during which time I spent days at a time not being able to figure out anything to trade that I thought stood a reasonable chance of making money.
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