The DOW has passed 10,500, oil is up around $78, and investors are predicting a strong January. We now get into the so called "January Effect", more bullish market activity is desired.
The sentiment is to not let this in between week, December 28th to the 31st, get you rattled. Many investors are vacationing and when trading is low, volatility is high.
What a difference a year makes. Recall the mood from one year ago. Essentially everybody was worried sick. It was a dark period.
Our wish for the new year is to see job creation on a significant scale. The money is there.
CNN: Wall Street counts down to a new year
"It's always an interesting week, one you can't ever really predict..."
Little economic news is on tap...
"There's a lot of cash on corporate balance sheets that can be put to use."
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