Have been musing about the oft-touted "Santa Claus Rally".
Seems like so many stocks in the resources sector have overdue drilling reports,met studies,pilot plant studies etc.......all those little elves working away...probably not.
What we are seeing is a long tail effect of COVID. Everything seems to have slowed down in ways that are unexpected.
There are some who are dumping various stocks claiming that the delays mean bad news.Maybe in "normal times" this was true at times with the delays allowing insiders to exit,but don't see anything like this here.
If Christmas is quiet, should be a ripper second half of January.
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