Since Wednesday was another slow one for markets as wealthier investors shopped for more gifts, you are getting a quick list of must reads. You're welcome. 

Santa Claus Rally Off to Rocky Start

Both stock market haters and those predicting Dow 40,000 in 2018 have something to cheer this week. With stocks falling on Tuesday and rising on Wednesday, the Santa Claus Rally is off to a mixed start. In the trading days between Christmas and New Year's, the S&P 500 often sees a rally (dubbed the Santa Claus Rally) that nets investors abnormally high returns. In those years when stocks fall during this period, the year ahead often sees weak stock prices.

You can read all about that here.

Before You Put That Department Store Long Trade On

In case you failed to listen to this helpful guidance on rallying department store stocks, then let this dose of reality from TheStreet's Cathaleen Chen sink in. Just because department stores like Macy's (M) appear to have had good holiday seasons that doesn't mean they will be immune to looming bad news. 

To be sure, the bad news could be plenty in 2018. Chen sheds lights on potential big-name retail bankruptcies, sweeping store closures and a lack of access to capital for struggling brands. Hold that Amazon (AMZN) stock tight, people.

Just Sayin'

Why is nobody talking about the big investing mistake Kanye West made by giving his wife Kim Kardashian shares of Amazon (AMZN) , Netflix (NFLX) , Apple (AAPL) , Adidas (ADDYY) and Disney (DIS) ? He didn't DIVERSIFY (shout out to TheStreet's Jim Cramer, who has long preached diversification)! West has now overexposed his wife to richly valued tech stocks. You can even knock Kanye for buying Disney in front of a potentially tough integration of Twenty-First Century Fox Inc. (FOXA) assets.

Hey Kanye, want to play Amazon? Check out XPO Logistics (XPO) . Then again, diversification may not matter in this instance -- Kanye can buy blocks of houses or 20 classic cars to offset his tech stock exposure.

Apple and XPO Logistics are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Jim Cramer buys or sells these stocks? Learn more now.

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