Santa has returned to the North Pole

Mid-week market update: The last day of the Santa Claus rally window closed yesterday, and Santa has returned to the North Pole. But he left one present today in the form of an intra-day all-time high for all the good boys and girls who ever doubted him.

Tactically, today's rally may be the last hurrah for the bulls. 

The full post can be found here.