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- 🎅 Why the Santa Rally Could Fill Your Stocking This December
🎅 Why the Santa Rally Could Fill Your Stocking This December
Plus, how an incoming foreign policy could influence energy markets, and more
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It’s Friday! December’s Santa Rally could deliver holiday cheer for investors, as historical data shows strong gains for the S&P 500 in the month’s second half. Here’s how to position yourself to have this optimism, rebalancing and seasonality have work in your favor. Nevertheless, investors should keep a close eye on the incoming administration’s Iran policy, which could cause turbulence in the oil market.
—Josh Enomoto
Plus, if you’re interested in growth opportunities in the lithium mining sector, check out today’s sponsor.
MARKET RECAP
Yesterday: Stocks closed slightly lower as small caps underperformed, and jobless claims came in higher than expected but remain below long-term averages. The S&P 500 is up over 29% YTD, with gains driven by broad sector participation and mega-cap tech strength.
On Our Radar: After pouring over the latest employment report, analysts will turn to preliminary December consumer sentiment data. On the earnings front, investors will also tune into a slew of insightful disclosures from Oracle, Toll Brothers and Caseys General Stores.
TOP STORY
The Santa Rally, a seasonal trend of late-December stock market gains, is fueled by optimism and year-end portfolio moves.
SPONSORED CONTENT
Sigma Lithium Corp. (NASDAQ: SGML) had a busy third quarter, producing slightly more of its Quintuple Zero Lithium Concentrate than planned and increasing its shipping cadence – all the while keeping costs down.
During the third quarter, production of its Quintuple Zero Lithium Concentrate totaled 60,237 tons, up 22% from the second quarter and higher than the 60,000 tons it forecast. Sigma set several daily production records and experienced periods of sustained operations above 860 tons per day during the quarter. Thanks to improvements in operations, Sigma said it was able to further increase its shipping cadence to quasi-monthly volumes sold of 22,000 tons during the third quarter. That strength spilled over into the fourth quarter, prompting Sigma to forecast production of lithium concentrate of at least 60,000 tons in the current quarter
Then there’s its cost structure, which Sigma says is now among the lowest in the industry. Sigma appears to be firing on all cylinders. To learn more about the green lithium miner, click here.
This is a paid ad. Please see 17b disclosure here for more information.
FIVE ZINGERS
Called Offsides: Streaming giant Netflix will broadcast its first-ever live NFL games on Christmas, set to highlight its burgeoning presence in sports. Nevertheless, read why not everyone is optimistic about the milestone event.
Hot Water: Popular investor and financial commentator Peter Schiff caught backlash for correlating the rise of home prices with the influx of married female workers. While poorly phrased, here’s the underlying economic factor that got lost in the noise.
Table Pounding: Piper Sandler analyst Brent Bracelin reaffirmed an Overweight rating on Adobe stock, along with a lofty $635 price target. Discover why next week’s earnings report could help fuel the software giant’s recovery narrative.
Short Circuit: Moses Ventures founder Danny Moses of “The Big Short” fame has given up shorting Tesla stock. Read on to learn why another high-profile TSLA skeptic is singing a different tune.
Big Moves: Palantir’s equity gained nearly 3% on Thursday while the rest of the market slid modestly. Earlier in the week, the analytics specialist inked a government contract to help secure cloud services across federal agencies.
ONE FOR THE ROAD
Oil markets in 2025 could face turbulence if President-elect Donald Trump reintroduces strict policies toward Iran.
According to JPMorgan analyst Arun Jayaram, while non-OPEC supply growth is expected to stabilize prices, the geopolitical wildcard of renewed sanctions on Iran could send shockwaves through the market.
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