![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEia3EIcHBRWd-hyLakBMtUSIfu6xiy7yrcGWUkHOueNF3clUI3BBpJ6jgzRrkfSu8Em3S9FJnM93UfRRrHCm79HOxxR2GadbChavTfkblckChAbDd9qteCsgbJ1bUX9UYVjiUYXJtj6tRA/s400/spx.png)
As another possible holiday gift, the battered financial sector finally showing some upside bids and could be setting up to reverse its downward trend (see the chart for ETF, XLF below.)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjddJLp2EyD532gmR-rusqqA5HCroMY6Aj6QvqNHfttB31I-sH5E9RWbOx9kBeuNf62wyMQyGKDFnCrNyzyNww6NdOJ96rMl_S_pQqbg70WYgCpA1XVqfjIRTbi3MphbPNcXTv-EXHNtv0/s400/xlf.png)
And not to overlook the homebuilders, they too are showing some sign of upside price trend. Take a look at the price chart for the homebuilders ETF, XHB.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgnzAgKyRRMySnqAU9W4ntK4HjGY2i-FPwUABHYG2BJo9lpC1XIZYxCWqgfcyrnLNUQJiemAvRtD6wuF1qJBEO2e4O6UHx915yuKNxajeILUrGyFdElW4srTvZ_L5Z6zvVN4v9V0wkG9_U/s400/xhb.png)
Finally, Santa did not forget AAPL. It too has moved above the baseline near 396 and appears to be making a move back above the 400 level.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjpYK83-WjCwROp3d-H5wSuaDvAyP5Q4prQzzi9PSYPIX9RZB1gEx8uC8SExDpGfhDg9egm1a6UQmUel-vID9valxapweb1GDi9zFKnFP70aY5ch73m96PV6lkMS7HQ9U8jJYfwYgSJ2FA/s400/aapl.png)
If these price actions hold up and the SP500 stays above 1260, then the SP500 could end the year 2011 in the green.
Have a happy holiday!
Disclosure: long on AAPL