Presented by

NEWS
The Most Wonderful Time Of The Year (For Bulls)

Source: Tenor.com

The Santa Claus Rally helped save the Christmas Eve trading session, with stocks and crypto rebounding from last week’s selloff. Trading volumes are light, but activity in small-caps, crypto, and other high-volatility assets remains intact as traders look to squeeze whatever remaining juice they can out of 2024. 👀

Today’s issue covers what history suggests for year-end, American Airlines almost ruining travelers’ plans, and the holiday watch all market lovers need to see. 📰

Here’s the S&P 500 heatmap. 11 of 11 sectors closed green, with consumer discretionary (+2.04%) leading and healthcare (+0.40%) lagging.

Source: Finviz.com

And here are the closing prices: 

Most bullish/bearish symbols on Stocktwits at the close: 📈 $SES, $MPLN, $GTI, $ATNF, $NEUE 📉 $AILE, $AMPX, $VLD, $UK, $IEP*

*If you’re a business and want to access this data via our API, email us.

STOCKS
Santa Claus Rally Arrives Right On Time… 🎅 

The fabled Santa Claus rally came to town on time, with today kicking off what is among the most bullish trading days of the year.

Stat master Ryan Detrick shared a chart showing returns during this period have been notably positive over the last 75 years. And he points out that with last year’s returns negative during this period, a second straight year of coal would be rare…as it’s only happened twice since 1950. 🎄 

Source: Ryan Detrick

While most investors have left the office for the rest of the week (or possibly year), those looking to squeeze some additional alpha out of the market are betting on further upside. As for what they’re trading? Anything with enough news (or rumors) to drive prices, like those in small-cap and crypto land.

Just check out the Stocktwits ”Most Active” list from today, and you’ll find some interesting newcomers popping up on people’s radars. 👀 

SPONSORED
Start the New Year off Strong with NativePath

New year, new you! This winter, kickstart your wellness journey with NativePath Collagen Powder. With its potent formula, you’ll experience stronger joints, improved skin elasticity, and better muscle recovery. Whether your resolution is to stay active or to take better care of your skin, NativePath Collagen is here to help you start the new year feeling your best.

Give yourself the gift of vitality as you head into the new year.

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.

COMPANY NEWS
American Airlines Grounds Holiday Travelers ✈️ 

It’s expected to be a record holiday travel season for airlines as long as they can avoid any unforced errors. Unfortunately, American Airlines reminded investors that a lot needs to go right each day to enjoy smooth sailing in the skies.

A technical issue disrupted flights on Christmas Eve, causing a “nationwide groundstop” for the airline. The initial news sent shares plummeting 3% on the day, though they rebounded back toward their YTD highs and closed positive a few hours later when the issue was resolved. 👍️ 

Airlines have been a major winner this year as investors and traders look for stocks outside of the “Magnificent Seven” to deliver some alpha. With the economy staying strong and supporting overall travel demand, many expect this industry to remain a winner into 2025…if you can deal with the occasional turbulence. 

PRESENTED BY STOCKTWITS
The Perfect Holiday Watch Party Movie 👀 

Remember Glauber “Pro” Contessoto, aka “The Dogecoin Millionaire?” With crypto roaring back like it’s 2021 again, his name is making a comeback alongside Dogecoin’s price as retail looks for a repeat of the ‘meme coin’ mania. 🤑 

His story was captured in a film nominated for ‘Best Documentary’ at the 2024 Astra Awards. And we’ve officially rolled it out in four digestible parts right on the Stocktwits YouTube channel, just in time for the holidays

See how THIS IS NOT FINANCIAL ADVICE exposes the risks and rewards of today’s market through expert commentary and the anxiety-inducing stories of real people trying to make millions. It’s the perfect holiday watch for market lovers. 🍿 

COMMUNITY VIBES
A Thread Unwrapping The Year On Stocktwits 🎁 

‘Tis the season for Stocktwits Wrapped! 🎁

Before you unwrap gifts, it’s time to wrap up 2024…

This year was truly one for the books and it wouldn’t have been the same without YOU 🫵

As we gear up for an even bigger and bolder 2025, let’s take a moment to celebrate the year… x.com/i/web/status/1…

— Stocktwits (@Stocktwits)
4:56 PM • Dec 24, 2024

Links That Don’t Suck 🌐

📺️ Stocktwits Head of Community, Noor Al, joins Yahoo Finance to talk retail trading trends into 2025

😡 Biggest banks sue the Federal Reserve over annual stress tests

❌ Starbucks barista strike expands to more than 300 stores in 45 states

😬 President Biden to decide fate of Nippon Steel’s $15 billion bid for U.S. Steel

💳️ U.S. sues Walmart, Branch Messenger over payment accounts for delivery drivers

🤯 Passenger attempts to bring ‘extremely concerning’ number of banned items through TSA

🤑 Exclusive-China plans record $411 billion special treasury bond issuance next year, sources say

🤔 Here’s what to know about the CTA and its Jan. 13 rule for small businesses to register with FinCEN

Get In Touch 📬

Follow our social channels for great, real-time content on Stocktwits and Twitter. And check out our YouTube channel for in-depth video content! 📲

Help us deliver the best content possible by completing this brief survey. 📝

Email me (Tom Bruni) your feedback; I’d love to hear from you. 📧

Want to sponsor this newsletter and reach hundreds of thousands of passionate investors and traders? Reach us here. 

Terms & Conditions 📝

Securities Disclaimer: STOCKTWITS IS NOT A TAX ADVISOR, BROKER, FINANCIAL ADVISOR OR INVESTMENT ADVISOR. THE SERVICE IS NOT INTENDED TO PROVIDE TAX, LEGAL, FINANCIAL OR INVESTMENT ADVICE, AND NOTHING ON THE SERVICE SHOULD BE CONSTRUED AS AN OFFER TO SELL, A SOLICITATION OF AN OFFER TO BUY, OR A RECOMMENDATION FOR ANY SECURITY. Trading in such securities can result in immediate and substantial losses of the capital invested. You should only invest risk capital, and not capital required for other purposes. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should also consult an attorney or tax professional regarding your specific legal or tax situation. The Content is to be used for informational and entertainment purposes only and the Service does not provide investment advice for any individual. Stocktwits, its affiliates and partners specifically disclaim any and all liability or loss arising out of any action taken in reliance on Content, including but not limited to market value or other loss on the sale or purchase of any company, property, product, service, security, instrument, or any other matter. You understand that an investment in any security is subject to a number of risks, and that discussions of any security published on the Service will not contain a list or description of relevant risk factors. In addition, please note that some of the stocks about which Content is published on the Service have a low market capitalization and/or insufficient public float. Such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information. Read the full terms & conditions here. 🔍

Author Disclosure: The author of this newsletter does not hold positions in any of the securities or assets mentioned. 📋