From Investorplace:
After a scary selloff between August and October, stocks have charged back to the long trading range near Dow 18,000. Investors, as they have for the past year, continue to act apprehensive as the first interest rate hike from the Federal Reserve since 2006 approaches.
But with evidence the global economy has turned a corner — thanks mainly to efforts by the People’s Bank of China — the prospects of a powerful end-of-year Santa Claus rally is growing. Especially with the interest we’ve seen in forlorn sectors of the market such as energy and industrials.