Because of the Christmas Holidays the economic activity as well as the trading volume was lighter this last week. Based on the accumulation of the events ratings of the global economic calendar we see a stagnant rating in USA (left figure) as well as in the world. Analyzing the USA markets we observe a high increase in the markets in the last few years, XLP (the consumer staples sector) is a proxy in the middle figure. That may create a fast increase for some companies as it is the case of KR (Kroger Co) shown in the right figure. Probably the trend will continue. We wish you Happy Holidays!