I was planning to wait until Mid December to start my Santa stock buying, but I'm now rethinking this.

It's starting to look like the low for the year is in on Venture. Modest downtrend break, positive divergence on the daily MACD and RSI, break above RSI 30, and Friday's internals were the best since August. Here's the conundrum – there's still a month of tax loss selling left. Historically, it's always been best to buy Venture stocks between Dec 15 and 24th. So if one buys now, there's a risk of selling pressure between now and mid Dec.

Still, I'm thinking there isn't much tax loss selling left for Venture stocks, because this is the 4th consecutive down year. - not a lot of capital gains in this area that require tax loss selling. I also believe that investors in successful areas (like US stocks) don't own much in the way of Venture stocks.

Also, there is a high probability that the uranium sector has bottomed. Big move a week ago Friday, followed by a good looking consolidation. PMs are a little more problematic, but there's a reasonable chance they've bottomed too – just requires a little more evidence.

I'm going out on a limb and starting my Santa stock buying now – first the beat up uranium stocks, then if all goes well, the PMs. Not going whole hog yet, just going to ease my way in, in case I'm wrong.

For US Santa trading, I'm still going to wait a month.