Santa Claus Rally, 2020

Santa Claus Rally: last five trading days of December, and first two trading days of January. This year, December 24th was a half day of trading, so I will start on December 23, 2020.

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Tuesday, January 5, 2021: full day -- last day of the seven-day Santa Claus rally.

• the market bounces back very nicely
• on top of that, WTI surges; over $50/bbl for the first time in a long time

Monday, January 4, 2021: full day

• as predicted, all things being equal, I predicted the the market would surge on the first day of trading in 2021
• the Dow is up almost 200 points shortly before the market opens
• later: bummer -- market tanks; down one percent; tech led the sell-off; I absolutely did not expect this
  

Friday, January 1, 2021: markets closed

Thursday, December 31, 2020: full day -- day 6

• nice day on Wall Street; most indices hit all-time highs;
  
• AAPL down a bit;

Wednesday, December 30, 2020: full day -- day 5

• early morning notes;
• investors taking AAPL profits for various reasons;
• on a day Ford delivers its first Mustang Mach-E, Tesla shares jump almost 5%;
  

Tuesday, December 29, 2020: full day -- day 4

• Apple: on the cusp of a breakout;
• US Senate being pressure to vote on $2,000 stimulus bill check;
• four major indices hit all-time highs yesterday; likely to happen again today;
• market takes a very, very slight pause after yesterday's huge rally;
  

Monday, December 28, 2020: full day -- day 3

• commentary; 
• Amazon;
  
• news: Covid-19 bill passed; 
• GS: the bill was signed earlier and is bigger than we forecast;
  
• Biden agenda coming into focus; vaccine rollout continues;
• Dow futures for Tuesday opening: up another 100 points;
  

Sunday, December 27, 2020: non-trading day; Monday eve:

• 5:30 a.m.: Dow futures: 30,240

Thursday, December 24, 2020: half day -- day 2

• Dow: 30,112

Wednesday, December 23, 2020: full day - day 1

• Dow: 30,095

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