FTSE 100 Santa Rally: Is it fact or fiction?

first_img Enter Your Email Address Looking for a stock that is for life and not just for Christmas…. Don’t miss our special stock presentation.It contains details of a UK-listed company our Motley Fool UK analysts are extremely enthusiastic about.They think it’s offering an incredible opportunity to grow your wealth over the long term – at its current price – regardless of what happens in the wider market.That’s why they’re referring to it as the FTSE’s ‘double agent’.Because they believe it’s working both with the market… And against it.To find out why we think you should add it to your portfolio today… There’s a ‘double agent’ hiding in the FTSE… we recommend you buy it! Image source: Getty Images FTSE 100 Santa Rally: Is it fact or fiction? Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. ‘Tis the season of goodwill. But, does the magic of the Christmas season extend all the way to the FTSE 100? The UK’s main stock market index is up 4.2% already, and we are not even halfway through December. That might cause investors to believe that the so-called Santa Claus Rally is more fact than fiction. However, the general cheer about coronavirus vaccines being rolled out in the UK and the pandemic looking to be coming to an end is probably a better explanation of why the FTSE 100 is performing strongly.Looking at the average monthly returns for the FTSE 100 in December, and the other 11 months, going all the way back to 1996 should provide a clearer picture. After looking at the data, there might be some truth around the idea of a Santa Rally lifting the FTSE 100 in December.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Has the FTSE 100 been naughty or nice?The Santa Claus Rally was identified in 1972, by a stock market analyst and author called Yale Hirsch. Specifically, it refers to a tendency of stock markets to rise in the last week or so in December. Market commentators have, however, extended the original observation to December as a whole. So, how does the FTSE 100 tend to perform in December? Well, the average monthly return on the FTSE 100 index in December is 2.02%. That is higher than any other month’s average return, save one, going all the way back to 1996. The average return in April was, in fact, the highest at 2.34%. However, my efforts to get the Easter Bunny Hop recognised have failed. That’s probably because Easter sometimes falls in March.Source: Yahoo Finance and author’s own calculationsSo let’s get back to the FTSE 100 and December. On average the market rises more in December than any month other than April. December also has the lowest standard deviation of returns at 2.98%, meaning they are less spread around the average compared to other months.That does not mean that losses do not occur in December. The worst December performance for the FTSE 100 was -5.49%.  In comparison, the worst returns in April and November were -3.25% and -4.6% respectively.What does this mean for investors?It’s an interesting observation that the FTSE 100 does tend to perform better in December compared to other months, except for April. The Santa Rally might indeed be real rather than fiction. Will this change how I invest? No, it won’t.Although there are numerous theories around why markets tend to do better in December, none of them has proved conclusive. Returns are not always positive in December, and there is no reliable way to predict if a Santa Rally will occur. I can’t tell which years will see the Easter Bunny Hop either, unfortunately.In an earlier article, I demonstrated that time in the market beats trying to time the market over the long-term. Trying to catch a Santa Rally or even an Easter Bunny Hop, is trying to time the market. Over 25 years or so I might get that average 2.02% or even 2.34% return. However, The FTSE 100 has returned 8.33% per year on average over the last 25 years, including dividend reinvestment. I would rather be in the market for the long term, rather than trying to time it. Click here to get access to our presentation, and learn how to get the name of this ‘double agent’! James J. McCombie | Tuesday, 8th December, 2020 See all posts by James J. McCombie James J. McCombie has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this.last_img read more

Workers World forums link Malcolm X to Black Lives Matter

first_imgBoston protest against racist police terror, Dec. 4.WW photo: Liz GreenWith the 50th anniversary of the assassination of Malcolm X on Feb. 21, activists worldwide are taking time to remember this African-American revolutionary icon and his legacy of struggle “by any means necessary.” In the U.S., Workers World Party branches, members, friends and allies are commemorating the life of Malcolm X with meetings and programs in several cities. These events will coincide with a national call made by activists in Ferguson and St. Louis, Mo., to organize shutdowns against police and state repression in honor of Malcolm X.In Huntington, W.Va., the group Workers and Students for Appalachian Socialism will honor Malcolm X with a panel discussion on Thursday, Feb. 19, on “Racist injustice, police terror and the system that promotes it.” The panel will feature Professor Keelon Hinton, who teaches “Race and Culture” at Marshall University, and Lamont Lilly, a Durham, N.C.-based activist who is a contributing editor at the Triangle Free Press, a Human Rights Delegate with Witness for Peace and an organizer with WWP. The event starts at 7 p.m. at Marshall University, Shawkey dining room, 2nd floor of the Student Center.In Detroit, the WWP Black History Month forum on Saturday, Feb. 21, will include videos and recordings of Malcolm X, the “voice of struggle and liberation,” as well as a featured talk by Detroit revolutionary leader Abayomi Azikiwe, editor of the Pan-African News Wire and contributing editor of WW newspaper. The event leaflet notes that Malcolm X’s “militancy, political candor, and revolutionary leadership gave voice to a movement at a time much like today, when the Black community faces racial violence, economic stagnation, staggering unemployment, police murder, brutality and oppression.” The program starts at 5 p.m., with dinner served (donation requested but no one turned away for lack of funds), at 5920 Second Ave., just north of Wayne State University.In New York City, the WWP Black Liberation Month forum on Feb. 21 will focus on a tribute to Malcolm X and the special meaning of his enduring legacy, especially as it relates to today’s Black Lives Matter movement. The program, including a soul food dinner (small donation requested), is from 4 to 6:30 p.m. at the Solidarity Center, 147 West 24th St., 2nd floor, Manhattan.In Baltimore, WWP and the youth group FIST (Fight Imperialism, Stand Together) will host a discussion and meeting for Black History (Liberation) Month on Sunday, Feb. 22. The featured speaker will be WWP First Secretary Larry Holmes, who will discuss the legacy of Malcolm X and the uprising against police terror across the United States. The meeting starts at 5 p.m., with a light dinner at 4:30, at the Solidarity Center, 2011 North Charles St.In Philadelphia, Monica Moorehead, a WWP national leader, editor of “Marxism, Reparations and the Black Freedom Struggle,” and a managing editor of WW newspaper, will be the featured speaker at a public meeting on Tuesday, Feb. 24. Called “From Selma 1965 to #BlackLivesMatter 2015 — Malcolm X’s Legacy & Black Liberation,” the free event is sponsored by Mundo Obrero/Workers World Party and the Philadelphia International Action Center. Moorehead travelled to Ferguson, Mo., in August and October as a People’s Power Assemblies organizer, and has been actively building the growing national movement against racist police killings. The event starts at 7 p.m. at Calvary Church, 48th and Baltimore Avenue.The Durham, N.C., branch of WWP is hosting a community forum on Malcolm X on Feb. 21 at the Hayti Heritage Center. Speakers will include representatives from the Black movement, Manzoor Cheema from Muslims for Social Justice on the growing racist violence against Muslims and Larry Hales, a WW contributing editor and organizer for the People’s Power Assembly Movement, on a national tribunal against police terror. pan>FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Volunteers sought to meet demands at ISPCC

first_imgLinkedin NewsLocal NewsVolunteers sought to meet demands at ISPCCBy admin – September 1, 2009 729 THE ISPCC have experienced an increase in the number of children contacting them this year, and are appealing for volunteers to help cope with demands.The Limerick branch of the society is urgently looking for volunteers to answer calls during evenings and weekends, as annual statistics show that 78 per cent of calls were answered outside the standard working hours of 9am to 5pm, Monday to Friday.Sign up for the weekly Limerick Post newsletter Sign Up Childline supervisor at the ISPCC, Meadhbh Terry, told The Limerick Post: “The unit in Limerick is open six days a week and we need volunteers most urgently for Fridays and Saturdays.“No qualifications or previous experience are required, it is just necessary to enjoy being around children and to be interested in helping and supporting them.“Saturday is our busiest day as there are no other services available to children on this day. Social workers don’t work on Saturdays.“Childline operates 24 hours a day all year round, and we do our best to answer every call. Christmas day was one of our busiest days last year-we had more than 600 calls”.During 2009, Childline celebrated 21 years of providing a confidential phone service to all children in Ireland.This year, two new mediums of communication have also been introduced to the service; text and web support.For free text support young people can text “Talk” to 50101, and a trained volunteer will text back.Web based support called ‘One to One’ can be accessed from www.childline.ie.A young person can also post a message on the Childline message board on www.childline.ie. These messages are also responded to by trained volunteers.The ISPCC in Limerick also provides the Teenfocus service, offering mentoring and counselling to young people aged between 13 and 18, who are at risk of misusing drugs and alcohol or who are experiencing challenges at home, in school or just finding it hard to cope.Information evenings will be taking place throughout August providing information about what is involved in becoming a volunteer.Anyone interested in volunteering or looking for further information can contact the ISPCC in Limerick.Pictured – Limerick ISPCC Staff, Louise Wilkinson, Teen Focus, Maedhbh Terry, Childline Supervisor and Suzanne Slattery, Fundraising Department. Facebook Twitter WhatsAppcenter_img Advertisement Previous articleSwim abandoned over safety concernsNext articleStudents burdened with anxiety, say USI admin Print Emaillast_img read more

High Court finds against government in Fahan Marina cse

first_img Twitter Main Evening News, Sport and Obituaries Tuesday May 25th 365 additional cases of Covid-19 in Republic Pinterest Twitter WhatsApp Google+ RELATED ARTICLESMORE FROM AUTHOR Newsx Adverts 75 positive cases of Covid confirmed in North Man arrested on suspicion of drugs and criminal property offences in Derry High Court finds against government in Fahan Marina csecenter_img The High Court has ruled that the Department of Marine and Natural Resources acted outside its powers and imposed unreasonable conditions on the owners of a Donegal Marina.In an action taken by the Department against Figary Watersports Development company Limited, Mr Justice McKechnie said the Department had failed in its duty regarding an application for €2.4m in European funding by the development company that operates a marina at Lough Swilly.The Department had taken the High Court action against the company for non-payment of rent and had sought orders compelling the company to complete development of the marina under certain terms.In a counter claim, the company had alleged that it was prevented from drawing down Interreg funding of over €2.4m because of the actions of the Department.Today Mr Justice McKechnie said the Department was guilty of an actionable breach of statutory duty by refusing to forward a grant application to a steering committee however the judge did not make a finding of negligence, as had been claimed by the company.The judge also found that rent arrears of €115,000 were owed by the company.The full judgment will be issued at a later date and outstanding issues such as damages and costs have yet to be determined by the court. Previous articleMan jailed for a month for crossing bomb cordonNext articleDonegal Judge expresses concern over knife culture crime News Highland Pinterest Facebook By News Highland – September 3, 2010 Facebook WhatsApp Further drop in people receiving PUP in Donegal Google+ Gardai continue to investigate Kilmacrennan firelast_img read more

Ithaca Hobby Lobby to close

first_imgITHACA, N.Y. — Bad news for creative types and hobbyists; the Ithaca Hobby Lobby will be closing its doors. According to store personnel, the last day the store will be open is Saturday, August 10th. New stock will continue to arrive in the meantime, and what’s left at closing will be shipped out to Ohio. “I don’t know, maybe we don’t make enough money,” said one worker at the store. Four or five of the full-time staff will transfer to the Big Flats store near Elmira, another to suburban Syracuse. But for most of the staff, the closing of the store will end their time with the Oklahoma-based chain of arts and crafts stores. “A lot of part-timers don’t want to drive.” Brian Crandall reports on housing and development for the Ithaca Voice. He can be reached at [email protected] More by Brian Crandall The owners of the shopping center, Benderson Development of Buffalo, did not respond to a request for comment. The firm recently completed a new 14,744 square-foot retail space to the south of the 56,644 square-foot Hobby Lobby location, sharing a wall with the soon to be vacated store. A potential tenant could rent either space or combine them if Benderson is open to the idea. While the Ithaca store is closing, the chain appears to be in expansion mode, opening 54 new stores last year and planning adding another 65 to its 800-store footprint this year. A cursory check, however, shows that closing stores are not uncommon for the chain; rather, it just adds more than it closes.center_img The Ithaca store at 744 South Meadow Street opened in November 2013, in a newly renovated space previously occupied by K-Mart. The conservative political leanings of its ownership, which have included lawsuits against the Affordable Care Act, have made the chain the subject of controversy, and the local store has been the site of protests in the past. Brian Crandall Tagged: benderson development, closings, hobby lobby, retail, southwest Ithaca The closing is rather unusual in that most chain store shutdowns in Tompkins County have been because the chain has suffered financial setbacks or bankruptcy – Radio Shack and The Bon-Ton for examples (and then there’s the Shops at Ithaca Mall, which has its own unique set of problems). Nationally, the “retail apocalypse”, the mass closure of brick-and-mortar retail stores due to market conditions and the rise of online shopping, has claimed nearly 7,000 stores so far in 2019, a pace well above the 5,864 closings (a net loss of 2,613 stores) in all of 2018.last_img read more

First flight carrying PPE has landed in Dublin Airport

first_img Twitter First flight carrying PPE has landed in Dublin Airport Pinterest The first in a series of flights carrying personal protective equipment for healthcare staff has landed at Dublin Airport.An Aer Lingus plane made the 50-hour round trip to Beijing – leaving Ireland yesterday morning.Health Minister Simon Harris said yesterday there will be 10 more similar flights due before April 1st.Air Traffic Control at Dublin Airport had this message for the crew as they came in to land:Audio Playerhttps://www.highlandradio.com/wp-content/uploads/2020/03/PPE6pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Meanwhile, a Donegal based company is planning to use their ties with China to import Personal Protective Equipment for local doctors during the Covid-19 crisis.Walmek Security Innovations Teo in Burtonport has launched a fundraiser. They hope to buy PPE for medics in the county. They are planning to make an order with their contacts in China in the coming weeks. By News Highland – March 29, 2020 Google+ FT Report: Derry City 2 St Pats 2 DL Debate – 24/05/21 WhatsApp Facebook Arranmore progress and potential flagged as population grows RELATED ARTICLESMORE FROM AUTHORcenter_img Previous articleUlster Provincial Secretary updates how Covid-19 has affected GAA in the provinceNext articleMan appears in court in Cork after spitting on garda News Highland News, Sport and Obituaries on Monday May 24th Pinterest Google+ Twitter AudioHomepage BannerNews WhatsApp Derry draw with Pats: Higgins & Thomson Reaction Important message for people attending LUH’s INR clinic Facebooklast_img read more

Thunderstorm warning in place for Donegal

first_img WhatsApp WhatsApp By News Highland – June 15, 2020 Facebook Previous articleWindyhall Road, Letterkenny closed following early morning crashNext articleGardai investigating suspected arson in Letterkenny News Highland Google+ Arranmore progress and potential flagged as population grows Google+ A status yellow weather warning has been issued for Donegal today ahead of expected further thunder and lightening storms.Yesterday Met Eireann announced a Status Yellow thunder warning for 19 counties.The warning is in place until 10pm tonight.Deirdre Lowe from the Met Office says the stormy weather will spread from the west, which has been worst hit so far, to the east and to parts of Ulster:Audio Playerhttps://www.highlandradio.com/wp-content/uploads/2020/06/weather7am.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Twitter Important message for people attending LUH’s INR clinic Twittercenter_img Pinterest Community Enhancement Programme open for applications Pinterest Thunderstorm warning in place for Donegal Facebook AudioHomepage BannerNews News, Sport and Obituaries on Monday May 24th Loganair’s new Derry – Liverpool air service takes off from CODA Nine til Noon Show – Listen back to Monday’s Programme RELATED ARTICLESMORE FROM AUTHORlast_img read more

Man arrested in 1993 cold case rape after he’s identified by DNA: Police

first_imgNewark Police Department(NEWARK, Del.) — Twenty-six years after a young woman was sexually assaulted in the middle of the night in Delaware, a man unknown to police at the time has been arrested after DNA evidence linked him to the scene.It was just after 2:30 a.m. on Aug. 4, 1993, when a 22-year-old woman walking near the University of Delaware in Newark was attacked and sexually assaulted, Newark police said at a Tuesday news conference.A composite sketch was released and witnesses were interviewed, but no suspects were identified, police said.The man taken into custody this month, Jeffrey King, hadn’t been named as a potential suspect at the time, police said.The case went cold for decades. It was reopened in November 2017.The sexual assault kit was sent to a private lab where male DNA was identified, police said. That DNA was entered into the law enforcement database CODIS, but there wasn’t a match.The DNA was then sent to the DNA company Parabon Nanolabs, where analysts compared the unknown crime scene sample to “samples in various databases, including a public genealogy website with DNA samples, to provide a list of possible suspects,” police said. On genealogy websites, many people upload DNA to connect with relatives and explore family histories.That list of possible suspects was then narrowed down, said police, and King was one name on that list provided by Parabon.In August detectives surveilled King and collected a discarded item, which was sent to a lab where it was determined that King’s DNA was consistent with that from the 1993 crime, police said.King, now 54, was 28 years old at the time of the assault, police said. The victim and suspect were strangers, Delaware Attorney General Kathy Jennings said.On Sept. 30, a grand jury indicted King for two counts of unlawful sexual intercourse, which is what the charge was called in 1993. That charge has since been changed to rape, police added.King, of Coatesville, Pennsylvania, turned himself into Newark police on Oct. 10 and has since posted bail, police said. He is scheduled to be arraigned on Friday. No attorney is listed for him. Copyright © 2019, ABC Audio. All rights reserved.last_img read more

JERA and PetroChina sign MOU on cooperation in the LNG business

first_img JERA and PCI will discuss opportunities to cooperate in the LNG business. Credit: Pixabay/LEEROY Agency. JERA will continue to work together with LNG industry counterparts both within and outside Japan to strengthen its LNG business JERA Co., Inc. (“JERA”) has entered into a Memorandum of Understanding (“MOU”) with PetroChina International Company Limited (“PCI”), a subsidiary of China National Petroleum Corporation, concerning cooperation in the LNG business.Under the MOU, JERA and PCI will discuss opportunities to cooperate in the LNG business in the following areas:Generating new demand for LNG, including overseas LNG value chain investmentsJoint sale and procurement of LNGLNG shipping optimizationLNG bunkering.As LNG demand in China increases, the presence of Chinese energy companies in the LNG industry is growing year by year. JERA believes that strengthening its cooperation with PCI, a leading energy company in China, will not only expand business opportunities for both JERA and PCI but also contribute to the healthy development of the LNG industry.JERA will continue to work together with LNG industry counterparts both within and outside Japan to strengthen its LNG business and to seek opportunities in an LNG market that is undergoing great change. Source: Company Press Releaselast_img read more

Texas man arrested in Capitol riot, another stays in custody

first_imgDALLAS (AP) — The FBI says a Texas man accused of taking part in the attack on the U.S. Capitol was arrested. Nicholas DeCarlo was allegedly seen inside the Capitol on Jan. 6 wearing a shirt with a message that stood for “murder the media.” The 30-year-old was arrested Tuesday and charged with obstructing an official proceeding, entering a restricted building, and parading or demonstrating on Capitol grounds. A judge ordered another Texas man, Garret Miller, to remain in custody without bond. The FBI says 34-year-old Miller allegedly called for the assassination of Democratic U.S. Rep. Alexandria Ocasio-Cortez of New York.last_img