Author Topic: What happened to the Santa Claus rally?  (Read 3512 times)

FIRE47

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What happened to the Santa Claus rally?
« on: December 18, 2015, 11:06:48 AM »
Fitting ending to a very bad year for my investments...

dandarc

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Re: What happened to the Santa Claus rally?
« Reply #1 on: December 18, 2015, 11:08:22 AM »
If this was a very bad year, what was 2008/9?

BarkyardBQ

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Re: What happened to the Santa Claus rally?
« Reply #2 on: December 18, 2015, 11:08:55 AM »
If this was a very bad year, what was 2008/9?

+1

I'd prefer the rally to begin after the first week of January... IRA and deferred contribution kickoff.

tarheeldan

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Re: What happened to the Santa Claus rally?
« Reply #3 on: December 18, 2015, 11:12:02 AM »
I'm early in the accumulation phase and didn't get to put much into the market during the post-recession rally.

So, with this being the first year of really shoveling in funds into the market, I think it's really nice that the market took a breather for me. A good sale would have been even better, but maybe next year!

sol

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Re: What happened to the Santa Claus rally?
« Reply #4 on: December 18, 2015, 11:14:00 AM »
I can see one obvious explanation for the apparent absence of the Santa Claus rally.  We've all been naughty.  Very very naughty.

FIRE47

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Re: What happened to the Santa Claus rally?
« Reply #5 on: December 18, 2015, 11:24:50 AM »
If this was a very bad year, what was 2008/9?

The keyword being "my" - investments. If you've been lucky enough to be in mostly US indexes and avoid many regions of the globe and/or resources stocks then perhaps you are roughly flat for the year. If history is any guide though my US holdings are likely due to underperform the rest of those areas sometime soon.

I'm a red panda

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Re: What happened to the Santa Claus rally?
« Reply #6 on: December 18, 2015, 11:39:08 AM »
This would have been a better year for me if I didn't mistype when I put lump sums into Vanguard.  I accidentally switched the dollar amounts for international vs. domestic funds.  Then international went into steep decline.  Oops on the buy-high...

We are slowly getting the allocation to where I meant for it to be (I just buy domestic each month now until it is balanced...)

I'm sure in the long haul it will be fine.

dandarc

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Re: What happened to the Santa Claus rally?
« Reply #7 on: December 18, 2015, 11:52:05 AM »
If this was a very bad year, what was 2008/9?

The keyword being "my" - investments. If you've been lucky enough to be in mostly US indexes and avoid many regions of the globe and/or resources stocks then perhaps you are roughly flat for the year. If history is any guide though my US holdings are likely due to underperform the rest of those areas sometime soon.
Ah - low oil prices and possibly the strong dollar are killing you then (if you're in the US, investing abroad).

On the plus side, uncorrelated assets can make rebalancing very profitable.  So you've got that going for you.

Mighty-Dollar

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Re: What happened to the Santa Claus rally?
« Reply #8 on: December 18, 2015, 03:15:23 PM »
Today was options expiration day. People are also selling for tax reasons. I expect a bounce up on Monday. Be greedy when others are fearful.

dandarc

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Re: What happened to the Santa Claus rally?
« Reply #9 on: December 18, 2015, 03:49:43 PM »
I had one fund distribute over 5% as LT gain!  bleh!  Fortunately it's Fee is too high so I wanted to dump it anyway next year.
I had 2 funds go down like 8% yesterday.  I was shocked, but seems that the distribution happened, but the money hasn't hit the brokerage and been reinvested yet.  If last year is an indication, the re-invested shares should be showing up in a week or so.

Luckily in my soloK so it doesn't matter in terms of taxes, but that was quite shocking to see this morning.

BlueMR2

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Re: What happened to the Santa Claus rally?
« Reply #10 on: December 19, 2015, 04:07:10 AM »
If this was a very bad year, what was 2008/9?

2008/9 at least looked just like big corrections.  We're told that we're solidly recovering now.  If we're losing during a supposed recovery, then that's especially bad.  :-)