Will Santa Deliver a Rally? I were concerned that Friday's ...

Will Santa Deliver a Rally?
I were concerned that Friday's consumer price index report might trigger some selling but, although it was the highest reading in nearly 40 years, it was roughly in line, and the market action was muted. What did occur was another round of indexes running higher on negative breadth.

A few big caps like $Apple (AAPL.US)$ , $Oracle (ORCL.US)$ , $Microsoft (MSFT.US)$ , $Ford Motor (F.US)$ the surface, there were 3,450 advancing stocks to 4,650 decliners, and there were 110 new highs to 170 new lows. The Russell 2000 ETF ( $iShares Russell 2000 ETF (IWM.US)$ ) and ARK Innovation ETF ( $ARK Innovation ETF (ARKK.US)$ ) finished in the red, while the Dow Jones, Invesco QQQ fund ( $Invesco QQQ Trust (QQQ.US)$ ) , and the S&P fund ( $SPDR S&P 500 ETF (SPY.US)$ ) were green. Small caps and growth stocks lagged.