If Santa Claus doesn't come to Wall Street in December, the Grinch hits the stock market in January, history says

There’s much ado about the so-called Santa Claus rally that tends to materialize in the U.S. stock market in the final week of December and the first two trading sessions of the new year, but the importance of the upsurge for market psychology might be underappreciated.

And another important point is that if Santa doesn’t show up, i.e., the market posts a loss during that seven-session period, the month of January has logged a loss since 2000. Losses during the so-called Santa Claus rally starting in 1999, 2005, 2008, 2015 and 2016 have consistently led to monthly declines in January .

You know what they say, bears have predicted 10 of the last 4 crashes

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Oh yeah. Pay my puts. Well, they are getting paid regardless if Santa rally happens or not. Ship starts sinking in January/February.

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Source: CNBC - 🏆 12. / 72 Read more »