Santa Claus gives you attractive odds of a stock market rally

That hasn’t kept Wall Street from attributing every upward blip to Saint Nick over the past six weeks. I worry that his name has been taken in vain more times than You Know Who.

I base this conclusion on the average gain in the Dow Jones Industrial Average DJIA, +0.55% starting the first trading session after Christmas and continuing through the second trading session of the New Year. In most years, that period encompasses six trading sessions. Furthermore, as you can see from the chart, there is impressive consistency to this post-Christmas rally. It doesn’t matter if stocks rise in December or since the start of any given year.

Why Santa Claus visits only after Christmas You nevertheless shouldn’t bet on a seasonal pattern such as the Santa Claus rally unless there are sound theoretical reasons for why it should exist. Mere statistical significance is a necessary, but not sufficient, condition to justify making a trade.

Why did they choose this pic?

Let's hope no one hijacks Santa from the rally

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If Santa Claus doesn't come to Wall Street in December, the Grinch hits the stock market in January, history saysThe importance of the Santa Claus rally for the market psyche might be underappreciated, because it sets the tone for the new year, explains LPL. Oh yeah. Pay my puts. Well, they are getting paid regardless if Santa rally happens or not. Ship starts sinking in January/February. 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 You know what they say, bears have predicted 10 of the last 4 crashes
Source: MarketWatch - 🏆 3. / 97 Read more »