The worst Christmas Eve ever followed by the biggest one-day point gain on record

Christmas eve 2018 was the worst ever, and I`m talking about the stock market. Stocks was hit hard and saw the worst Christmas Eve declines ever and MSM blamed on Trump and his attack on the FED.

The bull was fighting back on the boxing day and Nasdaq had its best day since 20019. Not only that; The Dow saw its biggest one-day point gain on record. It was a massive jump for many of the tech stocks which means great days for day traders.

Nasdaq jumped nearly 6 percent were Amazon skyrocketed about 10 percent. Facebook and Netflix with a whopping 8 percent, and Apple up more than 7 percent. Alphabet class A was also up nearly 7 percent. What a day. What a Santa Rally.

Microsoft is down 15 percent from the top but is still 15 percent up YTD. Tuesday, President Trump said that this can be a good time to buy stocks. A closer look at Apple tells us that the tech Giant is near 200 MA and can be a great buying point. So can be said about Alphabet. Two stocks that day traders jumped into earlier today.

The volatility is up over 200 percent this year and it seems like this will continue. Some people are bullish while some people are bearish, and that`s how it is right now. A real fight between the bear and the bull. Awesome.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

 

Advertisements

Leave a comment

Filed under Stock market, Stocks

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.