
Airlines Sinking over Canceled Flights
U.S. stocks are moving up at the open today, December 27th. But there should be caution because lower liquidity can amplify market moves due to a lack of liquidity. Many traders are off this week adding to the lower liquidity in the markets. The S&P 500 gained 0.5% after the index hit its 68th record close of 2021 Thursday. The week between Christmas and New Year’s Eve and the first two trading days of the new year comprise the “Santa Claus Rally” in trading lore, as detail

Optik Options 193% in 2021 – Happy New Year!
We have had a number of days that the markets have retreated due to concerns over the Covid variant Omicron but now the excitement seems to have waned. While Omicron appears to spread much faster it also appears less impactful – i.e., it’s a cold and not a life and death situation for most. That said, Covid’s death toll has surpassed 800,000 The S&P set a record high this past week of 4725.79 by Thursday’s close, finishing shortened week with a 2.3% gain. Big Tech, such as T

Is Santa Coming to Town?
A Santa Claus rally refers to a sustained rise in the stock market starting the last week of December through the first few days of January. One never knows. U.S. stocks finished higher on Friday December 10th, to close out one of the best weeks. The CPI report that showed inflation rose in November by the most since 1982, although just below the feared mark of 7%. Markets are watching the possible trend from a dovish to a bearish fed. Market volatility in recent weeks, in