There aren't too many companies posting quarterly results during the last week of the year. Many analysts are away on holiday, leaving plenty of elbow room for the few public companies daring to report.
New DVDs hit retailers every Tuesday. This week's fresh releases include Viacom's
Paranormal Activity was a sleeper hit -- literally and figuratively -- but the other two were box-office disappointments. This doesn't necessarily mean that they will flop on DVD. In fact, all three films likely have cult appeal that will help them fare reasonably well in the retail market.
It's going to be quiet, with any real buying or selling likely coming from institutions squaring away their portfolios with two trading days left in 2009.
The practice of buying winners and ditching losers by quarter's end is called window dressing. It's a silly practice, since investors are smarter than that. If a mutual fund's year-end statement shows ownership in some of this year's top-performing stocks -- like multibaggers Diedrich Coffee
Barring a late collapse, 2009 should end showing beefy stock market gains. It was also a good year for gold, energy, and other commodities. It was probably hard to lose money in 2009 for diversified investors, unless that diversified portfolio was actually short the market.
The market is closed for New Year's Day. Rest in, especially if your throat is still hoarse from counting down the night before.
You won't miss much. There is still so much of 2010 left to tackle.
Until next week, I remain,
Longtime Fool contributor Rick Munarriz recommends windshield wiper fluid when trying to look forward. He does not own shares in any of the companies in this story. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy.
More from The Motley Fool
GE Cutting 12,000 Jobs as Renewables and Energy Storage Upend Fossil Fuels
General Electric can't ignore the fact that renewable energy is crushing fossil fuels in electricity markets.
Forget General Electric Co. Stock; Honeywell International Is a Better Value
Issues in GE's power segment mean the company has a challenging near-term outlook, but its industrial peer looks set for growth.
Why the Dogs of the Dow Look Doomed for 2017
The stocks that this popular strategy chose will produce gains, but they probably won't be big enough to beat the Dow overall.