Santa Claus Rally is Good to Go but Wear Your Seatbelt

Despite Monday’s setback, I believe the Santa Claus rally is underway and I suggest investors look to participate in the general appreciation of securities this week and through the first half of January. The rush to buy up last year’s losers and formerly held securities where tax losses were taken in November and December should fuel greater gains for equities generally over the next few weeks. While participating in the rally, I advise followers to protect portfolio performance over the very near-term using volatility hedges and by keeping a healthy level of cash at the ready for any discounted buying opportunity that may avail. See more on the Santa Claus Rally and caution here.

Market Sector Securities	Last Week
SPDR S&P 500 (NYSE: SPY)	+2.8%
SPDR Dow Jones (NYSE: DIA)	+2.5%
PowerShares QQQ (Nasdaq: QQQ)	+0.9% *
iShares Russell 2000 (NYSE: IWM)	+2.7%
Vanguard Total Stock Market (NYSE: VTI)	+2.8% *

Security	Last Week	52-Week Change
SPDR S&P 500 (NYSE: SPY)	+2.8%	+1.0%
Energy Select Sector SPDR (NYSE: XLE)	+4.7%	-21%
Industrial Select Sector SPDR (NYSE: XLI)	+3.3%	-4.8%
Facebook (NYSE: FB)	+0.9%	+30%
Amazon.com (Nasdaq: AMZN)	-0.2%	+114%
Netflix (Nasdaq: NFLX)	-0.6%	+142%
Alphabet (Nasdaq: GOOG)	+1.2%	+41%

Volatility Securities

iPath S&P 500 VIX ST Futures ETN (NYSE: VXX)

VelocityShares VIX ST ETN (NYSE: VIIX)

ProShares VIX ST Futures (NYSE: VIXY)

iPath S&P 500 VIX Mid-Term Futures ETN (NYSE: VXZ)

Extra Leverage, Higher Risk

ProShares Ultra VIX ST Futures (NYSE: UVXY)

VelocityShares Daily 2X VIX (NYSE: TVIX)

Precious Metals Proxy Securities

SPDR Gold Trust (NYSE: GLD)

iShares Gold Trust (NYSE: IAU)

iShares Silver Trust (NYSE: SLV)

Direxion Daily Gold Miners Bullish 3X (NYSE: NUGT)

Market Vectors Gold Miners (NYSE: GDX)

Market Vectors Junior Gold Miners (NYSE: GDXJ)

DISCLOSURE: Kaminis is long GDX, VXX, XLE. Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.