Understanding the Santa Claus Rally and Its Significance for Wall Street

Reported about 21 hours ago

A Santa Claus rally, occurring in the last five trading days of December and the first two of January, is seen as a bullish indicator for the stock market in the upcoming year. Jeffrey Hirsch, editor-in-chief of the Stock Trader's Almanac, emphasizes the importance of this period for market assessment, warning that the absence of a Santa Claus rally could hint at potential market weakness or a bear market. Hirsch reflects on historical trends while providing insights on market expectations for 2025.

Source: YAHOO

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