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Friday, November 22, 2024

Stock World Weekly: No Virginia, There is No Santa Claus Rally

NEW: Elliott and Ilene are available to chat with Members regarding topics presented in SWW, comments are found below each post.

Note: Pharmboy fans, this is a must read!  Pharmboy wrote a year end review of his biotech and pharma virtual trade ideas that have been presented in Stock World Weekly over the last year. He included a couple tables of his closed and still open virtual trades, and his thoughts on several biotechs (and trade ideas) for moving forward.  If you have questions or comments for any of us, please use the comments. ~ Ilene 

Here’s this week’s newsletter: No Virginia, There is No Santa Claus Rally. 

The Fed’s taking a “Dovish” turn and promoting “easy money” policies should be bullish for stocks and commodities. However, after this week’s FOMC announcement, which made no hint of additional easing, chances for a “Santa Claus” rally seem slim.

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