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Thread: 'Santa rally' won't rekindle due to omicron risks and profit-taking, PNC Financial's

  1. #1

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    Post 'Santa rally' won't rekindle due to omicron risks and profit-taking, PNC Financial's

    'Santa rally' won't rekindle due to omicron risks and profit-taking, PNC Financial's CIO predicts

    PNC Financial's Amanda Agati sees near-term trouble, but she's optimistic the market will see gains in 2022.

    More @ CNBC...


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  3. #2

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    Default Re: 'Santa rally' won't rekindle due to omicron risks and profit-taking, PNC Financia

    Wrong on SC rally, though some stocks saw serious year end selling pressure.

    Santa Claus Rally (tendency of market to rise in last 5 trading days of old year, first 2 of new year) worked as planned: S&P 500 up 1.4% in the last 7 trading sessions, in line with historic average. Thanks to my friends at @AlmanacTrader!
    https://twitter.com/BobPisani/status...72060867428367

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