Not much action and very little volume in the stock markets on this Christmas Eve shortened trading day. The most noteworthy thing I can find in the markets today is that First Solar, an energy-related stock, is actually hitting new 52-week highs into the year end here. The fact that most every other energy-related stock on the planet is down 50-90% this year while we have owned only one energy-related stock this whole year and the one we own happens to be up big this year and at new highs since we first bought it three years ago…well, let’s not get complacent, but it sure is a testament to our stock picking approach.
And finally, with just 24 hours to go before Santa arrives, remember that if you’re still looking for a special gift for someone in your life this holiday season, why not help them become a better investor and trader by giving them a monthly or an annual subscription to Trading With Cody? Email Cathy at email@example.com and she’ll set it up with you and make sure your Trading With Cody gift is set-up and ready to go by tomorrow.
Thanks to all of you for being a part of the Trading With Cody family and happy holidays! See you Monday.