23 December 2015

SP 500 and NDX Futures Daily Charts - Santa Claus Rally

Stocks continued to show modest gains today in light trading, despite some weaker than expected economic numbers this morning.

And so Santa is coming to Wall Street, with year end bonuses for all the little humps and humpettes.

I expect the trading tomorrow to be similar, lightly traded with an upwards bias. It will likely become comatose after the first hour.

Have a pleasant evening.