The Buy List Is Off to a Good Start

Yesterday marked the end of the Santa Claus Rally period which runs from December 22 to January 5. Historically the Dow has gained 3.39% over that stretch, but this time around, the index gained just 1.41%.

Today was a very good day for the Buy List. While the S&P 500 lost 0.21%, the Buy List gained 0.38%.

The biggest winner of the day was Reynolds American (RAI) which was up 3.04% thanks to an upgrade by UBS. Moog (MOG-A) wasn’t far behind with a 2.41% gain. Ford (F) gained 1.84% to reach another new 52-week high. Ford is our biggest winner for the year as it’s up 8.52% in just four days.

For the year so far, our Buy List is up 1.95% compared with 1.29% for the S&P 500. Yes, it’s very early, but I’m happy to say that this looks like a strong start to 2011!

Posted by on January 6th, 2011 at 4:45 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.