Stocks don't need a Santa Claus rally in order to see a positive new year, but it would help if the market can show gains in January. The seasonal ebb and flow of the market, based on historic patterns, is a science followed by many market strategists. But in 2022, many of those patterns failed.
But according to the Stock Trader's Almanac , the Santa rally rule says when stocks are higher in the final five trading days of December and the first two of January, the market is typically higher in the new year. According to CFRA, the S & P 500 has been positive 77% of the time during the Santa rally period, and the S & P 500 has gone on to rise an average 9.8% in the following year. When the S & P was negative, the market was up about half that amount for the year, just 4.
Zigzag market
this is showing the truth of what the people think of bidens economy
Who can afford Christmas anymore?
Which means we should see the santa rally and January bounce
When the Philly Fed blew the whistle it might have heralded a new era. tt:lizpeek berthacoombs
morgan_freeman told donlemon 'stop talking about racism and it goes away.' 2014 Read CNBC 2019 article re: ProcterGamble (obsession w/race. ~80% of cmmercials now 'multiracial!' Good! The world will be a nice shade of tan. STOP!
Boycott Tesla