Well... the market sold off pretty good last week as we feared it might. I, for one, am finding more ideas for our family’s Elf on the Shelf than stock picks at the moment. As investors are waiting for interest rates to fall, the central banks have been indicating the only thing descending any time soon is Santa Claus down your chimney.

This past week saw a little strength on Monday, and I took advantage of that to bring our cash position up to 50%. On Tuesday, I added a liquid alternative to take advantage of potential market weakness, and we didn’t have to wait too long for that to happen. We ended up being down just a little this week, which was a nice gift as the stock indexes were mostly given a lump of coal. (Note – audited performance was not available before this week’s distribution.)

I’ll be keeping an eye on the markets this week to see if an opportunity presents for a Santa Claus rally into the New Year. Aside from that, I will be at the mall trying to tackle my Christmas shopping. I have time for a candy cane hot chocolate, or a glass of eggnog should anyone see me struggling.

Next Monday is Boxing Day and there won’t be another newsletter until I complete my year-in-review on January 3rd , 2023. I sincerely want to thank you all for your readership, endorsements, and continued investment in my Tactical Growth mandate. Wishing you all good tidings and good returns. Merry Christmas.