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Re: Codycrusher post# 31539

Thursday, 12/09/2021 10:43:37 AM

Thursday, December 09, 2021 10:43:37 AM

Post# of 33111
RE: "I forgot the age old rule of the stock mkt in December." Cody, that's an interesting statement, but Forbes, Reuters and WSJ don't seem to agree with your take on the matter. It's typically thought that December, though some investors are taking year-end losses, actually sets the pace going into the next year. Granted, with viruses, scare tactics and the fed budget running rampant, this year December could go bearish, making it an exception, not the rule. One way or another I'm pulling for the rule to stand. Whatever direction PTOP follows they do on their own accord, IMO.
STRICTLY MY OPINION AND HOPE. I MAKE NO PREDICTIONS OR RECOMMENDATIONS. I JUST ENTERTAIN MYSELF.

"The S&P 500 has gained 73% of the time in December since 1928, according to data compiled by Yardeni Research." https://www.forbes.com/advisor/investing/december-2021-stock-market-outlook/

https://www.reuters.com/markets/europe/history-says-expect-strong-december-us-stocks-despite-omicron-fed-worries-2021-12-01/

https://www.wsj.com/articles/why-investors-are-often-bullish-in-december-11638546218