Analysts have plenty of explanations for the recent stock-price sag, many centering on the prospect the Federal Reserve will trim stimulus as soon as this week.
But there is one that few people have mentioned: Stocks usually do this in mid-December.
A chart of average stock performance over the past 100 years shows stocks endure a mid-December dip most years. Stocks tend to rise at the start of the month, pull back in the middle and bounce at the end. Then they keep rising at the start of January. Charts show this happening on average over the past 100 years, 50 years, 20 years and 10 years.
The late-December recovery is so common it has a Wall Street nickname: the Santa Claus rally.
Best Stocks To Invest In Right Now: Unity Bancorp Inc.(UNTY)
Unity Bancorp, Inc. operates as the holding company for Unity Bank that provides various commercial banking services. It accepts various deposits, which include personal and business checking accounts, time deposits, money market accounts, and regular savings accounts. The company?s loan portfolio comprises commercial, small business administration, consumer, mortgage, home equity, and personal loans. It operated 14 branches in Clinton, Colonia, Edison, Flemington, Highland Park, Linden, Middlesex, North Plainfield, Phillipsburg, Scotch Plains, South Plainfield, Springfield, Union, and Whitehouse, New Jersey; and 2 branches in Forks Township and Easton, Pennsylvania. The company was founded in 1991 and is headquartered in Clinton, New Jersey.
Best Stocks To Invest In Right Now: Citizens First Corporation(CZFC)
Citizens First Corporation operates as a holding company for Citizens First Bank, Inc., which provides various financial services to individual and corporate customers in Kentucky. The company?s deposit products include checking accounts, savings accounts, NOW accounts, money market accounts, sweep accounts, fixed and variable rate IRA accounts, Christmas Club accounts, and certificate of deposit accounts. Its loan portfolio comprises commercial loans primarily to small and medium-sized businesses; commercial real estate loans; and residential real estate loans to borrowers for purchasing and refinancing one-to-four family properties. The company also provides personal loans and lines of credit to consumers for various purposes, such as purchase of automobiles, boats, and other recreational vehicles, as well as for home improvements and personal investments. In addition, it offers other banking services, including debit cards, credit cards, safekeeping and safe deposit bo xes, ACH and other direct deposit services, savings bond redemptions, cashiers checks, travelers? checks, and letters of credit, as well as cash management services, wire transfer services, and loan participations. Further, the company provides title insurance services to mortgage loan customers, as well as other insurance and trust services. It operates 9 locations in Barren, Hart, Simpson, and Warren counties of Kentucky; and 15 automated teller machines in Kentucky. The company was incorporated in 1975 and is headquartered in Bowling Green, Kentucky.
Top 10 Companies For 2014: Dreamworks Animation SKG Inc. (DWA)
DreamWorks Animation SKG, Inc. engages in the development, production, and exploitation of animated feature films and characters worldwide. It provides animated feature films and characters for the theatrical, home entertainment, television, and merchandising and licensing markets. The company also offers television specials and series, live entertainment properties, online virtual worlds, and related consumer products. It has approximately 21 animated feature films, including Shrek the Third, Shrek 2, and Madagascar. The company has strategic alliances with McDonald?s, Hewlett-Packard, Intel, and Samsung. DreamWorks Animation SKG, Inc. was founded in 1985 and is headquartered in Glendale, California.
Advisors' Opinion:- [By Rick Munarriz]
Netflix (NASDAQ: NFLX ) had a good week. It started when the company teamed up with DreamWorks Animation (NASDAQ: DWA ) to expand their relationship, and it culminated in an announcement that the Netherlands will be its next expansion market for the leading video service.
- [By Rick Munarriz]
5. Turbo's slow start isn't the end of the world here
One of Netflix's big bets to replace the Nickelodeon content that went away in May is a huge deal with DreamWorks Animation (NASDAQ: DWA ) for original content. The first installment will be December's launch of Turbo F.A.S.T., a Netflix exclusive based on the computer animation studio's movie that opened this past weekend.
Best Stocks To Invest In Right Now: Jefferson Bancshares Inc.(JFBI)
Jefferson Bancshares, Inc. operates as the holding company for Jefferson Federal Bank, which provides various financial services to consumers and businesses in Tennessee. It offers various deposits products, which include NOW accounts, money market accounts, regular savings accounts, Christmas club savings accounts, certificates of deposit, and retirement savings plans. The company?s loan portfolio includes one-to four-family residential loans, home equity lines of credit, commercial real estate and multi family loans, construction loans, land loans, and commercial business loans, as well as consumer loans, including loans secured by automobiles and savings accounts, loans on recreational vehicles and boats, debt consolidation loans, and personal unsecured debt. It also offers ATM, insurance, and safe deposit box services. The company operates its business through its main office, nine full-service branch offices, and two limited-service drive-through facilities located i n Hamblen, Knox, Sullivan, and Washington Counties, Tennessee. Jefferson Bancshares, Inc. was founded in 1960 and is headquartered in Morristown, Tennessee.
Best Stocks To Invest In Right Now: Malbex Resources Inc(MBG.V)
Malbex Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of precious metal projects in Argentina and Peru. The company primarily explores for gold and silver. Its principal property includes Del Carmen project that covers approximately 15,129 hectares located near the southern end of the El Indio Gold Belt, Argentina. The company is headquartered in Toronto, Canada.
Best Stocks To Invest In Right Now: First Capital Inc.(FCAP)
First Capital, Inc. operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company generates various deposit products, including non-interest bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans. Its loan portfolio comprises residential loans, such as fixed-rate mortgage loans and adjustable rate mortgage loans; construction loans; commercial real estate loans secured by small retail stores, professional office space, and farm properties; commercial business loans secured by inventory, accounts receivable, and business equipments, such as trucks and tractors; and secured or guaranteed consumer loans, including automobile and truck loans, home equity loans, home improvement loans, boat loans, mobile home loans, and loans secured by savings deposits, as well as unsecured c onsumer loans. The company operates 13 locations in southern Indiana. First Capital, Inc. was founded in 1891 and is based in Corydon, Indiana.
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