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Will Wall St. See Santa this Year?
(12/7/22) Mutual Fund distributions and end of year repositioning is weighing on markets during the first half of December, as we predicted. Markets are perched right on the 100-DMA, holding support for the time being. Very typical for this time of the year, and this is what generally sets-up for the much-touted "Santa Claus Rally" at the end of the year. Will Santa stop at Broad & Wall this year?? There's no guarantee, but all of the year-end activity does tend to provide a little more lift to Santa's sleigh...and markets.
Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO
Produced by Brent Clanton
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https://www.youtube.com/watch?v=SatNXNCSCf0&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1
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Articles mentioned in this report:
"The Big Short Squeeze Is Coming"
https://realinvestmentadvice.com/the-big-short-squeeze-is-coming/
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