Between the time to execute the order, transfer the cash on your bank account, and buy something ahead of christmas, I would have expected people to do that a lot earlier.
Really ? People sell stock to buy presents and go vacations ?
Sure, check the S&P 500 index price. It always dips come December.
I did. It is December and it is up. Granted the month isnt over, but certainly it can't always dip in December. Even if it reliably did 60% of the time, that would quickly turn into a profitable trading strategy and it would stop happening.
Asset prices usually dip in Dec
>> People liquidate assets during December Holidays for buying presents, vacationing, and so forth.
Everyone's buying presents at the last possible moment then?
In other news, water is wet.