
We are enjoying a very traditional Santa Claus rally. These are not marked by days with big gains. In fact, it has been nearly a month since we saw a daily rally of greater than 1% for the S&P 500 (SPY).
Instead, we simply have a bullish bias like the last 4 sessions in being in positive territory. And 2/3rds of the days over the past month also being in the positive camp helping to grow our portfolios.