So Very Boring

Kinda where this Santa Clause rally has been going

The Dow  gained 123.07 points, the S&P rose 15.60 point, and the Nasdaq  added 45.84 points today.  Keeping a lid on stocks’ gains today was renewed selling in oil and junk bonds, two corners of the market that have been a source of pressure on stocks recently.

Brent crude-oil prices fell today to their lowest level since 2004, falling 1.4% to $36.35 a barrel.

I added HAS as a short today to the P&L.

has

 

Previous Post
Things Are Drekish
Next Post
We Love Buzzwords, From “Santa Clause Rally” to the “January Effect”

Recent Articles

Premium Article

The Indices Said Calm. The Tape Said Something Else.

Premium Article

Two Rough Days for Tech — But One Index Is Different From the Rest

Premium Article

Rotation, Not Panic: Today’s Market in One Sentence