Could NTEK Go Through a Santa Claus Rally: $$$$$$$
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Posted On: 12/21/2017 8:23:35 AM
Could NTEK Go Through a Santa Claus Rally: $$$$$$$$$$$$$$$$
What is a 'Santa Claus Rally'
A Santa Claus rally is a surge in the price of stocks that often occurs in the last week of December through the first two trading days in January. There are numerous explanations for the Santa Claus Rally phenomenon, including tax considerations, happiness around Wall Street, people investing their Christmas bonuses and the fact that the pessimists are usually on vacation this week.
BREAKING DOWN 'Santa Claus Rally'
Many consider the Santa Claus rally to be a result of people buying stocks in anticipation of the rise in stock prices during the month of January, otherwise known as the January effect.
With anticipation of NTEK's SHM and plans laid out going forward IMO there is many positive indicators that 2018 is 4K ready and UltraFlix's presence will be recognized as a global UHD leader!
THE TIME IS HERE GO NTEK!
Read more: Santa Claus Rally https://www.investopedia.com/terms/s/santacla...z51s6oiGnZ
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What is a 'Santa Claus Rally'
A Santa Claus rally is a surge in the price of stocks that often occurs in the last week of December through the first two trading days in January. There are numerous explanations for the Santa Claus Rally phenomenon, including tax considerations, happiness around Wall Street, people investing their Christmas bonuses and the fact that the pessimists are usually on vacation this week.
BREAKING DOWN 'Santa Claus Rally'
Many consider the Santa Claus rally to be a result of people buying stocks in anticipation of the rise in stock prices during the month of January, otherwise known as the January effect.
With anticipation of NTEK's SHM and plans laid out going forward IMO there is many positive indicators that 2018 is 4K ready and UltraFlix's presence will be recognized as a global UHD leader!
THE TIME IS HERE GO NTEK!
Read more: Santa Claus Rally https://www.investopedia.com/terms/s/santacla...z51s6oiGnZ
Follow us: Investopedia on Facebook
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