The holidays are upon us once again and Wall Street is waiting to see if Santa will spread a little holiday cheer on the stock market at the end this year. Like the Christmas shopping season the term “Santa Claus Rally”, seems to be used earlier every year. Any slight change in the stock market from November to December and a race ensues to see who can use the “Santa Claus Rally” term first.
The media, as usual, tends to jump the gun on the Santa Claus Rally. The stock market has many seasonal market indicators. They tend to be very specific time periods and most are backed by significant historical data. Continue Reading…