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home / news releases / GXO - The Grinch May Steal Our Santa Claus Rally I Weigh The Factors And My Trades


GXO - The Grinch May Steal Our Santa Claus Rally I Weigh The Factors And My Trades

  • Santa Claus Rally may be delayed, maybe even to January but it's still coming.
  • To my eye, the market is no longer as afraid of inflation as it is about the newly hawkish Powell. The market fears Powell will cause a financial accident.
  • Very likely there were margin calls for stocks and crypto. You could practically feel the rush for the exits. When you have to sell, you sell what you have.
  • I think there could be more selling this week. The futures are up tonight but tomorrow afternoon if the market reverses, you know more margin calls went out. I am taking a break tomorrow. Maybe you should too.

For further details see:

The Grinch May Steal Our Santa Claus Rally, I Weigh The Factors And My Trades
Stock Information

Company Name: GXO Logistics Inc.
Stock Symbol: GXO
Market: NYSE
Website: gxo.com

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