Santa Rally Is Coming to Town

Stocks have been enjoying some nice gains over the last three months. The major indexes have rallied with the Russell 2000 small cap index gaining over 16%.

Right behind the Russell 2000 is the NASDAQ composite at a little over 15% gains in the last three months. Trailing are the Dow Jones and the S&P 500.

After today, stocks have kicked off the week with some gains, but can it continue. The hopes for a Santa Rally seem to be alive this year because we missed it last year.

Markets have had a great 2023. Hopefully the gains will continue into next year with the Fed anticipated to cut three times next year.

Merry Christmas and Happy New Year to all my readers!