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GoldSeek Web

Is Sucky Santa Rally Predicting a Bust in 2016?

By: Rick Ackerman, Rick's Picks

 -- Published: Wednesday, 23 December 2015 | Print  | Disqus

Bears endured Mr. Marketís version of the Chinese water torture yesterday ó a steady drip drip drip rally that never allowed them a respite. Through it all, including Mondayís cheesy little short-squeeze in the final hour, itís hard not to notice that Santa, even with gale-force seasonality helping him, has been unable to achieve anything notable this December, let alone memorable. By failing to demonstrate any real strength in the last few weeks of 2015, is the stock market hinting that serious weakness will surface early in the new year?  Thatís my take, and we will prepare for it accordingly.  Click here for a free trial subscription that will allow you to access the chat room, Rickís daily touts and intraday alerts, and Ďimpromptuí analysis sessions online for two weeks.

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 -- Published: Wednesday, 23 December 2015 | E-Mail  | Print  | Source:

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