Editor's Note:

The stock market's half day on Christmas Eve proved to be rather uneventful.

The big cap Dow Jones Industrial Average and the S&P 500 both briefly tagged new record highs. Gains faded sharply near the closing bell. Odds are investors were more focused on last minute shopping or beating the traffic than where equities were headed today.

We are not adding any new trades tonight.

I hope everyone has a merry Christmas.

We'll be back for the normal weekend newsletter!

-James

But I heard him exclaim, ere he drove out of sight—
"Happy Christmas to all, and to all a good night!"
(from the poem: A Visit from St. Nicholas, by Clement Moore)