Dear Copiers,
Welcome to 2026. I hope you all enjoyed a wonderful Christmas holiday and are feeling refreshed and ready for whatever the stock market may bring this year.
U.S. equities opened higher today following news related to political developments in Venezuela. While Venezuela holds some of the world’s largest proven oil reserves, its current production levels remain relatively low. Recent commentary suggesting increased involvement by U.S. oil companies has supported energy stocks, which are seeing strength as a result.
That said, I do not believe this development alone explains today’s market optimism. Many analysts are forecasting double-digit returns for equities in 2026. During the most recent earnings season, a large number of companies reported strong results and issued constructive forward guidance. Despite this, concerns around a potential AI bubble and various macroeconomic uncertainties limited upside momentum and prevented a traditional year-end Santa Rally.
An interesting observation is that markets have now gone three consecutive years without a Santa Rally. While past patterns are never guarantees, this does add to my optimism that sentiment could turn more decisively positive later in the year.
As always, I remain focused on navigating the market with a disciplined, long-term approach, and I look forward to the opportunities that 2026 may present.
Best regards, Lena
05/01/2026... Show More
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Tue Mar 10 2026 00:15:04 GMT+0000 (Coordinated Universal Time)
