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Stockwatch: Curve Balls Divert The Santa Rally

This article was originally published in Scrip

Executive Summary

A few minutes into the first of trading day of December with the stock market in positive territory the phrase Santa rally was echoing like a Christmas carol through trading rooms and investment desks. There is still no reason to believe that December will end on a negative note for life science stocks but there were enough curve balls thrown last week to result in more than one stumble amongst Santa's usually surefooted helpers.

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