Another grind higher courtesy of the little bull elves at the North Pole today. They are serving polar bear au poivre as appetizers up there this week and Santa is wicked long some SSO and QQQQ. Hey, even the fat man has to make a living, as free’ Leggo’s and tickle me Elmo’s’ don’t cut it in this economy. The Polar Express is here for now, as everything jumped in the igloo orgy today. Financials, materials, oil…you name it.
IDT has been a huge winner for us over the last month or so and it looks like it may be ready for yet another move higher. It’s a Holiday week so don’t be silly, but the chart looks special. Good luck and trade well.