Dow Posts 322-Point Gain as Santa Claus Rally Resumes

The Nasdaq jumped triple digits as well

Deputy Editor
Dec 21, 2023 at 4:29 PM
facebook X logo linkedin

Yesterday's breather was short-lived, as Wall Street once again resumed its Santa Claus rally. The Dow and Nasdaq both popped triple digits, while the S&P 500 posted a modest rise with help from semiconductor stocks. Meanwhile, Wall Street's "fear gauge," the Cboe Volatility Index (VIX) reversed its gains after hitting its highest level in a month. 

  • Options traders eye surging CarMax stock. 
  • Streaming stocks slide amid M&A buzz
  • Plus, looking past Christmas; MU's strong forecast; and more upside for CAVA.

Summary 1221

NYSE Nasdaq 1221

5 Things to Know Today

    1. This year wasn't the best for commodities, despite gold's record highs. (MarketWatch)
    2. China has banned the export of some rare-earth technologies, which will make it more difficult for the U.S. to get hands on raw materials. (Reuters)
    3. What's on tap for the last week of 2023
    4. Analysts target Micron stock after earnings. 
    5. Cava stock earned yet another upgrade. 

    Earnings 1221

    UVOL 1221 

    Oil Prices Fall for First Session in Four

    Oil prices fell after three-straight days of gains, after Angola’s decision withdraw its membership from the Organization of the Petroleum Exporting Countries (OPEC+). West Texas Intermediate (WTI) crude for February delivery dropped 33 cents, or 0.4%, to settle at $73.89 a barrel. 

    Gold prices rose today, with February-dated gold futures rising $3.60, or 18 cents%, to settle at $2,051.30 per ounce. 


    Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

    This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

    On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

    Start targeting gains like the ones our subscribers have seen recently, including:

    213.3% GAIN on AutoNation calls
    100.0% GAIN on Monster Beverage calls
    100.4% GAIN on Walgreens Boots Alliance puts
    100.4% GAIN on ON Semiconductor calls
    257.7% GAIN on Dell calls

    101.0% GAIN on Apollo Global Management calls
    103.6% GAIN on JP Morgan  Chase calls
    105.3% GAIN on DraftKings calls
    101.3% GAIN on Airbnb calls
    203.0% GAIN on Shopify calls
    102.0% GAIN on Cboe Global Markets calls
    100.9% GAIN on Boeing calls
    102.1% GAIN on Microsoft puts
    102.3% GAIN on First Solar calls
    101.5% GAIN on PulteGroup calls
    101.0% GAIN on Apple calls
    209.4% GAIN on NXP Semiconductors calls
    100.8% GAIN on Uber Technologies calls
    100.4% GAIN on Academy Sports and Outdoors puts
    102.2% GAIN on Trade Desk calls
    100.8% GAIN on DoorDash calls
    100.0% GAIN on Camping World Holdings puts
    100.0% GAIN on Cboe Global Markets calls
    100.2% GAIN on calls
    238.5% GAIN on Oracle calls



    Rainmaker Ads CGI