Many professional investors took a break for the Christmas holidays, leading to light trading in the Canadian and American markets. I also stepped back from closely tracking daily market moves, but one thing stood out—the absence of a Santa Claus rally this year. As a result, three of the four major indexes, with only the Nasdaq Composite Index (Nasdaq) spared, and all three of my portfolios posted losses for December, though they still managed gains for the year overall.
Tag: Happy New Year
Weekly Update for the week ending December 29, 2023
As this week was a light week in the markets, I took the week off from following the markets on a daily basis. This week is a quick visual representation of how the indexes and the Portfolios performed this past week and for the month of December. I have kept this one brief and relied on charts rather than words. They say a picture is worth a thousand words so I guess four charts would be four thousand words.