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

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him blake_scott55 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success

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

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer says buy FAANG stocks and Microsoft as Covid omicron fears hit markets'As they get hit by the omicron weakness, you've got my blessing to buy all six,' the 'Mad Money' host said. MadMoneyOnCNBC jimcramer Lol, amazing how these stories come out after they’ve loaded their bags….😂😂😂 MadMoneyOnCNBC jimcramer you r the man, my man🤣🤣🤣🤣 howcome they pay you for such idiot advices ?
Source: CNBC - 🏆 12. / 72 Read more »