Thursday, December 1, 2011

Happy December

Yesterday, the market closed out a very volatile November with a roaring 490 point gain in the Dow.  Today, we start the month of December, which is historically kind to the market.  In fact, December is positive 80% of the time.  The average gain is an impressive 2%.  The last time we had a negative December was in 2007.  Often called the "Santa Claus Rally," behavioral psychologists attribute the increase to investors appreciating more important things and therefore NOT listening to investment analysts.

Now, start preparing for a December gain by saying . . . "HO . . . HO . . . HO"