Stocks Close Down as Santa Drops a Lump of Coal in our Stockings

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Stocks Close Down So much for the so-called ‘Santa Claus’ rally as stocks close down this past week as investors were treated to a big lump of coal in their stockings as all the major equity indexes were down on the week. Sentiment was particularly negative the first three days of trading for the past week as Moody’s Investors Service and Fitch …

One Big Monster Stock Market Rally

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Stock Market Rally It was one ‘heck’ of a stock market rally this past week, as equities had their best weekly showing since the fall of 2008. Thanks to strong retail data from black Friday; signs that the European leaders were moving towards a resolution of that continent’s debt crisis; and a better-than-expected employment report, stocks took off for the …