RE:RE:RE:Chartman Dan way OFF on your Market Analysis Santa Claus rallies are built on the assumption that sectors that had been appreciating for a period of time before December, see a wave of new buying on the back of individuals talking to their friends/family about their winnings which spurs a crowd chasing momentum lift. These are often short lived "exuberrance" thrusts - hence why the Jan/Feb 2018 sellloff was so brutal.
Last year - WEED has returned 171% since June 2017 in Dec...
This year - WEED has returned 5% since June 2018, but has lost 45% off the top..
Sorry man.. Im not going to be rushing to brag about my huge returns over turkey dinner. I mean I will be but I dont think grandma/grandpa and Uncle Bobby are going to open option accounts...