Well, I thought today was the first day of the Santa Claus Rally, but if it was, then it’s not going to be much of a Rally! There was minimal movement in my stocks, just a few cents here and there, except for some of the AI stocks which seemed to all go down about 3 dollars.
Pretty slow day actually, so I have to guess that the traders were all staying home by the fire and not doing any trading. Can’t blame them. But for a Friday, it was a pretty lackluster day. It could have used a lot more action! Oh well, we will see what next week brings.
I saw some news that there is an activist trader trying to get enough Target Stock to push changes in the organization. Don’t know if that will happen or not. Or what they want Target to do. It seems they have been doing ok through this season. I am keeping my eye on Clorox (CLS) and Colgate Palmolive (CL) and it’s funny because while one is coming down the other is going up and it seems they will meet somewhere around 88 dollars.
I’ve been considering doing a couple of ETFs like SPY that follows the S&P 500. And just letting the rest of my current investing money go into that. I don’t know. Even it didn’t seem to do that well recently. I mean, my Western Digital stock went up a few dollars today, and my Newell stock went up too. But it seems like everything is just moving a little this direction and then going the other way the next day.
But Christmas was a pretty good day for us. My wife is sick though, so we just stayed home, and I got my favorite gift (a nap in the middle of the day!). Also, some chocolate chip cookies! Yum!
I had to be at the store alone today because Elaine was sick. I worked through it. The snow has started to come down, and it’s pretty quiet here. It’s ok though. I get to write a little bit!
