Will We Get A Santa Rally in 2022?

[Chuckanut]

Perhaps he was flying Southwest.

Santa has his own Tardis disguised as a sleigh. (Eat your heart out Dr. Who.) He can go anywhere in time or space. How else can he deliver all those packages in one night? No need for primitive devices like a jet plane.

Has it occurred to anyone that Southwest's problems may the result of a perfidious plot to sell more of those small consumer tracking devices people use to find out where they left their wallet/purse or what airport their luggage is at?

 

[NW-Bound]

Do they have names?

Anybody with a Web browser can find these "nice well-behaved growth stocks". There are so many stock screeners that are free.

The problem is these parameters are "past performance" or status quo. What's harder to divine is the stock future prospect, and this takes reading the economic news to see where things are goin'.

And one cannot be right all the time. Hence, the OTM option selling to hedge the bets. Heh heh heh...

 

[Lsbcal]

OK, was just curious. Not in a frame of mind to deal with individual stocks. Options are another game I don’t try.

 

[NW-Bound]

Indeed, coal performed well over the past year!
https://www.barchart.com/stocks/quotes/HNRG/competitors?quoteSectors=-COAL&orderBy=weightedAlpha&orderDir=desc
Unless you were only in METC.

I used to have BTU (Peabody) before the Great Recession, plus another metallurgical coal company. I sold BTU when it was sliding down towards bankruptcy.

Last year, thought about buying BTU again, but did not. I put more money into nat gas instead. Just now see how well BTU has been doing. I miss out.

Rocks can also be useful, but maybe better luck next year?
https://www.barchart.com/stocks/quotes/VMC/competitors?quoteSectors=-BULT&orderBy=weightedAlpha&orderDir=desc

Last year, I looked into getting some "rock and cement" suppliers because of the promised infrastructure spending. Did not get Vulcan (VMC), but decided on USLM instead. Not much going on there since.

 

[audreyh1]

Uh oh!

 

[COcheesehead]

"If Santa Claus should fail to call, bears may come to Broad and Wall."

 

[NW-Bound]

The bear got here first. It scared Santa away.

 

[audreyh1]

"If Santa Claus should fail to call, bears may come to Broad and Wall."

The bear got here first. It scared Santa away.

Agreed. Bear has already been hanging around for the year.

 

[Lsbcal]

RIP: Santa Claus rally

 

[38Chevy454]

Well, down across the major indexes approx 1-1.4% today. Santa decided to stay away so far.

 

[MarieIG]

We've got two days left . . .

 

[aja8888]

We've got two days left . . .

Get your trigger finger ready to buy that Apple stock you have been waiting for....

 

[MarieIG]

Get your trigger finger ready to buy that Apple stock you have been waiting for....

 

[COcheesehead]

We've got two days left . . .

Actually 4.

 

[Lsbcal]

So far a nicely up day. And here I was becoming a non-believer...

 

[audreyh1]

What a see saw!

 

[MarieIG]

And we're up!

 

[Koolau]

Playing this game (Santa Rally count down) is as fun and useful as playing, say Sudoku on line. I'm just surprised that some seem to take it seriously. No criticism implied. Just thought we were all in it - the market(s) - for the long term. I guess, as a distraction, it's as good as any so YMMV.

 

[NW-Bound]

Is it just short covering? What recently went down the most bounced up the most. Stocks that have been doing well YTD go up the least.

We will not know until later when the smoke clears. The enigmatic stock market is never boring to me.

But for now, because nothing fundamental has changed, I take advantage of the up market to sell some OTM call contracts to get $1319 in cash. I like cash, and my stocks help me get that cash.


PS. I am in the stock market for the long term. Have been doing it for decades. But when the short-term crazy movements give me a chance to make some extra, I take it.

 

[Lsbcal]

Playing this game (Santa Rally count down) is as fun and useful as playing, say Sudoku on line. I'm just surprised that some seem to take it seriously. No criticism implied. Just thought we were all in it - the market(s) - for the long term. I guess, as a distraction, it's as good as any so YMMV.

This part of the forum is for traders as well as buy/hold types. Note the title:
Active Investing ...

 

[MarieIG]

Playing this game (Santa Rally count down) is as fun and useful as playing, say Sudoku on line. I'm just surprised that some seem to take it seriously. No criticism implied. Just thought we were all in it - the market(s) - for the long term. I guess, as a distraction, it's as good as any so YMMV.

Well yes. I'm retired now, so I can watch the roller coaster. Playing Waffle tho, not Sudoku.

I am in it for the long term. I was converting to Roth anyway, and I haven't sold anything in my IRAs (just convert in kind - from time to time). I did sell bond funds in taxable accounts earlier in the year due to rising interest rates and replaced with treasuries; and ditched some funds that I had held for years and years (and should have gotten rid of a long time ago) due to high expense rates and poor performance. As far as the IRA (barring unforeseen circumstances - unrelated to the market) I will stay the course.

 

[Koolau]

This part of the forum is for traders as well as buy/hold types. Note the title:
Active Investing ...

Point taken. Just surprised - title not withstanding.

 

[GravitySucks]

Playing this game (Santa Rally count down) is as fun and useful as playing, say Sudoku on line. I'm just surprised that some seem to take it seriously. No criticism implied. Just thought we were all in it - the market(s) - for the long term. I guess, as a distraction, it's as good as any so YMMV.

I had to rebalance out of equities and in to the pork chop market. Sold on Tuesday when I realised every 1% move was tens of dollars.

 

[COcheesehead]

Playing this game (Santa Rally count down) is as fun and useful as playing, say Sudoku on line. I'm just surprised that some seem to take it seriously. No criticism implied. Just thought we were all in it - the market(s) - for the long term. I guess, as a distraction, it's as good as any so YMMV.

It’s an indicator, not a strategy.

 

[audreyh1]

I had to rebalance out of equities and in to the pork chop market. Sold on Tuesday when I realised every 1% move was tens of dollars.

Did someone say pork chop?