R.C. Market Report 12.30

• Today: We had a rather impressive rally today considering we are still in the midst of holiday trading. Major indices were up over 2% and financials & homebuilders were up over 3%.

• Tomorrow: The last trading day of 2008. The rally at the end of day today seemed to me like the closing bell for 2008, even though tomorrow is a full day of trading. I don't expect any tradable opportunities to present itself tomorrow. It'll probably be like the last friday of quarter before summer break, where the campus is deserted but few remain to finish off final exams.