Dec

20

Still December

December 20, 2023 |

is there a tendency for the S&P to rise in last 7 days of dec? i looked at this when the previous month was way up since 1996, the answer is yes. about 3/4 up to end of month.

the sp has gone up 11 days in a row. never before in dec. what does it portend? meager rise with not much vol until end of year. slightly bullish for jan.

[After the close…]

always the unexpected: the decline of 42 big S&P points from 2pm to 2:30 et was the 3rd biggest ever. and yet 5 days later the market on the 5 occasions it dropped 40 big or more, the sp was up 97 big with a s.d. of 100.

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