About That Santa Claus Rally…

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About That Santa Claus Rally…

It’s been a rough December for stocks so far. A contrarian buying opportunity?

Dec 19, 2022

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Good morning contrarians! It is Monday, Dec. 19.

Stocks closed lower on Friday to drop for the second straight week. It’s been a rough December with the S&P 500 down 5.5% so far on the month. Not exactly what we were expecting in terms of Santa Claus rallies.

Santa Claus firing machine gun — Santa seems more intent on picking off bulls than delivering a rally so far…

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