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The Santa Claus rally: No ho-ho-ho

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A Santa Claus rally is a very specific event: the tendency for the market to rise in the last five trading days of the year and first two of the new year, for an average gain of 1.3% in the S&P since 1950, according to the Stock Trader's Almanac.

 

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Merry x-mass from Ebenezer Trump.

Probably better time to celebrate the real Christmas

cnbc with the full court anti Trump press today

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U.S. Stocks Need a Santa Claus Rally to Avoid a Losing YearInvestors hoping to avoid the first annual decline for major U.S. stock indexes since 2015 are dreaming of a Santa Claus rally. I had to triple check that this wasn’t a headline for the onion. Kinda sucks when a bunch of stocks propped up by government handouts crumble leaving only those businesses that were economically viable around. The headline should be: Major bubble burst avoided as overvalued companies deflate after government backing evaporates.
Source: WSJ - 🏆 98. / 63 Read more »