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• ☕️What Else is Brewing Tuesday Morning
  Avatar: The Way of Water had a weaker-than-expected opening weekend, sending Disney stock falling...
  Avatar: The Way of Water had a weaker-than-expected opening weekend, sending Disney stock falling to its lowest level since March 2020.
  
  Binance has agreed to acquire bankrupt crypto lender Voyager Digital’s assets for $1.02 billion, even as questions about the exchange’s own finances remain.
  
  Harvey Weinstein was convicted of three of the charges against him, including rape, in a California sexual assault trial. The ex-movie mogul was previously found guilty of similar crimes in New York.
  
  Amber Heard will pay ex-husband Johnny Depp $1 million to settle the defamation case in which they accused each other of domestic violence.
  
  
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• Title 42 remains safe for now
  SCOTUS keeps Trump-era immigration policy in place, for now. The Supreme Court temporarily...
  SCOTUS keeps Trump-era immigration policy in place, for now. The Supreme Court temporarily extended the use of Title 42 to turn away asylum-seekers at the southern border on public health grounds, which was due to expire tomorrow. Chief Justice John Roberts put a brief hold on the expiration ordered by a lower court after Republican-led states appealed to keep the rule in place. The impending end of the pandemic-era policy, which President Biden had pledged to repeal, has border cities like El Paso on edge.
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• Santa Claus rally would be 7th in a row
  December 23rd will mark the first day of the "Santa Claus Rally",...
  December 23rd will mark the first day of the "Santa Claus Rally", which occurs on the last 5 trading days of the year and the first 2 trading days of the new year, according to Kenny Jimenez, research manager at Dow Jones Market Data.
  
  The S&P 500 averages a gain of 1.32% and has traded higher 78% of the time since 1950.
  
  But the odds of Santa appearing this year may be long. Not just because sentiment is currently so poor, but perhaps because a winning streak is looking a bit long in the tooth.
  
  "If the S&P 500 finishes the Santa Claus rally period higher this year, it would be its 7th consecutive successful Santa Claus rally; surpassing the six successful rallies ending 2013/2014 and the longest since the 8 successful rallies between 1969/1970 and 1976/1977," says Jimenez.
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• Timber! Lumber prices drop to new lows.
  Lumber dropped to a new low for 2022 as homebuilder sentiment slips for the 12th month in a row. The...
  Lumber dropped to a new low for 2022 as homebuilder sentiment slips for the 12th month in a row. The critical building commodity is now down 68% year-to-date, and is off 79% from its record high reached in May 2021. "NAHB is expecting weaker housing conditions to persist in 2023 and we forecast a recovery coming in 2024," economist Robert Dietz said.
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• Closing Oil & Gas Prices for Monday
  Benchmark U.S. crude oil for January delivery...
  Benchmark U.S. crude oil for January delivery rose 90 cents to $75.19 a barrel Monday. Brent crude for February delivery rose 76 cents to $79.80 a barrel.
  
  Wholesale gasoline for January delivery rose 5 cents to $2.18 a gallon. January heating oil fell 7 cents to $3.05 a gallon. January natural gas fell 75 cents to $5.85 per 1,000 cubic feet.
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