Santa Claus Rally in stocks?
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Started by TimNew - Dec. 12, 2019, 7:40 a.m.

Monday News...   Significant progress in US-China Trade Talks.   Dow down 100 or so.

Wednesday news.   Fed to hold interest rates for foreseeable future. Dow up about 29 or so.

When a market doesn't respond as expected to news, bullish or bearish,  don't expect a trend in that direction,  Quite likely,  you'll see the opposite.  Significantly.

Not long ago, either of these items would have lead to a 1-2% single day gain in equities.   Both within 2 days and the market does little more than break even?

I don't think it's likely that we'll see Santa make an appearance on Wall St this year.

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By TimNew - Dec. 12, 2019, 10:01 a.m.
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And then Trump tweets and it's off to the races?

By metmike - Dec. 12, 2019, 10:26 p.m.
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Stocks close at fresh records on trade deal optimism    


https://www.marketwatch.com/story/dow-futures-waver-as-investors-watch-for-signs-of-rising-us-china-trade-tensions-2019-12-12

U.S. stocks surged to new records Thursday propelled by reports the U.S. and China had reached at trade deal to avoid new tariffs due on Sunday, and roll back existing levies, in exchange for purchases of American agricultural products. 

 

The benchmark S&P 500 and Nasdaq Composite indexes closed at record highs while the Dow Jones Industrial Average saw a new intraday record. 

By bear - Dec. 16, 2019, 11:30 a.m.
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i think we have already had the santa claus rally.  the run up from oct, to dec, was a nice one.  

going forward, stocks often are lower in fed/march than in dec.  but...

the other thing to look at... stocks often have a nice gain in the 4th year of a presidents term.