These buys come as our favorite technical analyst Larry Williams suggested earlier in the week that a Santa Claus rally was in the play.
While stocks opened nicely higher on the great earnings reports from Nike and FedEx — and we never like to chase an up opening — we note that markets are still down roughly 4% over the past week and broader sentiment into the new year is still very negative. Estee Lauder We are adding to our position in the prestige beauty company Estee Lauder .
A trader works on the trading floor at the New York Stock Exchange in New York City, U.S., December 14, 2022.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why You Should Believe In A Santa Claus Rally For MarketsResearch in the Journal of Financial Planning found U.S. stocks have historically outperformed between Christmas and New Year, on average, offering a return of around 1% for the final five trading days of the year and the first two trading days of January.
Read more »
US stock recovery on Tuesday ‘hardly’ a sign of looming Santa Claus RallyAll three major U.S. benchmarks are trading in the green on Tuesday, but a small recovery is not a sign that a Santa Claus Rally will happen on Wall Street in 2022, expert says.
Read more »
Why You Should Believe In A Santa Claus Rally For MarketsResearch in the Journal of Financial Planning found U.S. stocks have historically outperformed between Christmas and New Year, on average, offering a return of around 1% for the final five trading days of the year and the first two trading days of January.
Read more »
Why You Should Believe In A Santa Claus Rally For MarketsDespite a dismal December so far for markets, there is still a chance for a Santa rally in 2022 if history is any guide.
Read more »
Santa Claus arrives by MedEvac helicopter to visit children at UPMC Harrisburg hospitalSanta Claus arrived Monday by helicopter to visit children at the UPMC Children’s Harrisburg pediatrics inpatient unit at the hospital.
Read more »