How big a year-end stock-market rally to expect this time

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

'The stock market will rally between now and the end of the year,' says MktwHulbert -- but what do we really mean by 'rally'?

But that doesn’t mean there will be the “year-end rally” that many advisers have begun telling their clients to expect.

Some even think the so-called Santa Claus Rally begins in late October, just like those shameless marketers who put up their Christmas decorations before Halloween. To be sure, you’d need perfect foresight to capture that gain, since only after the fact do we know when November registers its low and its December high. Still, this rally potential certainly seems noteworthy: On an annualized basis, it’s equivalent to a gain of over 50%. If the stock market were to rally this much this year, and assuming November’s low is no lower than where it stands today, the DJIA would trade nearly as high as 29,000 in December.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MktwHulbert Oh there's always a rally around the corner for this guy.

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.

Why downtrodden healthcare stocks will rally soon: Michael Arone - Business InsiderMichael Arone of State Street says healthcare stocks are a compelling opportunity, but investors are failing to look beyond their political risks.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The bond market may do something unusual for this time of yearWells Fargo Securities' Michael Schumacher believes trading volume will drop off as the year winds down due to geopolitical risks.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: E-Trade, Intuitive Surgical, Atlassian & moreSee which stocks are posting big moves after the bell on Thursday.
Source: CNBC - 🏆 12. / 72 Read more »

Brexit snags stall sterling rally, stocks drift lowerSterling faltered on Thursday and Europe's main stock markets went in and o... Its just announced on new that they have a 'great new deal' Which is it.
Source: Reuters - 🏆 2. / 97 Read more »