Today’s newsletter is sponsored by my friends at BITTREX GLOBAL!Bittrex Global is offering all of the Wolf Den’s readers the ability to now buy tokenized stocks from Tesla, Apple, Amazon and more. Please visit https://global.bittrex.com/discover/tokenized-stocks to get fractional shares of your favorite stocks from almost anywhere in the world.It's almost Christmas. We are not here to exchange gifts, we are here to trade. So what does this mean for markets?You have probably heard the term "Santa Claus Rally." I borrowed some info from Investopedia:A Santa Claus rally describes a sustained increase in the stock market that occurs in the last week of December through the first two trading days in January. There are numerous explanations for the causes of a Santa Claus rally including tax considerations, a general feeling of optimism and happiness on Wall Street, and the investing of holiday bonuses. Another theory is that some very large institutional investors, a number of whom are more sophisticated and pessimistic, tend to go on vacation at this time leaving the market to retail investors, who tend to be more bullish.Here are the key takeaways.The Santa Claus Rally refers to the tendency for the stock market to rally over the last weeks of December into the New Year.Several theories exist for its existence, including increased holiday shopping, optimism fueled by the holiday spirit, or institutional investors settling their books before going on vacation.Regardless of the reason, more than two-thirds of the Decembers dating back to the 1960s have resulted in positive gains for shareholders.While not guaranteed, stocks have tended to rally during the final five trading sessions of the year through the first two trading days of the New Year. The S&P 500 gained an average 1.3% during the seven-trading day session since 1969, according to the Stock Trader's Almanac.Still, as with many market anomalies, it may just be random and there is no guarantee it will continue into the future.According to Barrons, trading in the period after Christmas is not recommended. There is little upside. Moreover, if there is no rally, that can be a sign of a bear market in the future. In the final weeks of 1999 and 2007, stock prices rose rapidly but only to be followed by bear markets. A better strategy is to maintain a long-term investment strategy and not be tempted by the promise of Santa Claus rallies or January effects.Keep an eye on the markets over the coming days and see if Santa Claus hangs out for a few days.I will be charting your requests live on YouTube at 2PM EST today! I accept requests from 8 AM to 1 PM EST every Wednesday. If you have a specific request, you can reply to this email. One per person, please!Here is the link,.https://youtu.be/rwToMfWAUMsIn This Issue:The Analytics Behind The Sushiswap Saga - IntoTheBlockBitcoin Thoughts And AnalysisAltcoin ChartsLegacy MarketsI Made An Investment In ElitiumSEC Releases Complaint Against RippleAnthony Scaramucci Reveals Details For Bitcoin Fund, Skybridge CapitalBlockchain Is Headed To SpaceMy Recommended Platforms And Tools
The Wolf Den #142 - Santa Claus Rally And SUSHI
The Wolf Den #142 - Santa Claus Rally And…
The Wolf Den #142 - Santa Claus Rally And SUSHI
Today’s newsletter is sponsored by my friends at BITTREX GLOBAL!Bittrex Global is offering all of the Wolf Den’s readers the ability to now buy tokenized stocks from Tesla, Apple, Amazon and more. Please visit https://global.bittrex.com/discover/tokenized-stocks to get fractional shares of your favorite stocks from almost anywhere in the world.It's almost Christmas. We are not here to exchange gifts, we are here to trade. So what does this mean for markets?You have probably heard the term "Santa Claus Rally." I borrowed some info from Investopedia:A Santa Claus rally describes a sustained increase in the stock market that occurs in the last week of December through the first two trading days in January. There are numerous explanations for the causes of a Santa Claus rally including tax considerations, a general feeling of optimism and happiness on Wall Street, and the investing of holiday bonuses. Another theory is that some very large institutional investors, a number of whom are more sophisticated and pessimistic, tend to go on vacation at this time leaving the market to retail investors, who tend to be more bullish.Here are the key takeaways.The Santa Claus Rally refers to the tendency for the stock market to rally over the last weeks of December into the New Year.Several theories exist for its existence, including increased holiday shopping, optimism fueled by the holiday spirit, or institutional investors settling their books before going on vacation.Regardless of the reason, more than two-thirds of the Decembers dating back to the 1960s have resulted in positive gains for shareholders.While not guaranteed, stocks have tended to rally during the final five trading sessions of the year through the first two trading days of the New Year. The S&P 500 gained an average 1.3% during the seven-trading day session since 1969, according to the Stock Trader's Almanac.Still, as with many market anomalies, it may just be random and there is no guarantee it will continue into the future.According to Barrons, trading in the period after Christmas is not recommended. There is little upside. Moreover, if there is no rally, that can be a sign of a bear market in the future. In the final weeks of 1999 and 2007, stock prices rose rapidly but only to be followed by bear markets. A better strategy is to maintain a long-term investment strategy and not be tempted by the promise of Santa Claus rallies or January effects.Keep an eye on the markets over the coming days and see if Santa Claus hangs out for a few days.I will be charting your requests live on YouTube at 2PM EST today! I accept requests from 8 AM to 1 PM EST every Wednesday. If you have a specific request, you can reply to this email. One per person, please!Here is the link,.https://youtu.be/rwToMfWAUMsIn This Issue:The Analytics Behind The Sushiswap Saga - IntoTheBlockBitcoin Thoughts And AnalysisAltcoin ChartsLegacy MarketsI Made An Investment In ElitiumSEC Releases Complaint Against RippleAnthony Scaramucci Reveals Details For Bitcoin Fund, Skybridge CapitalBlockchain Is Headed To SpaceMy Recommended Platforms And Tools