Don’t be surprised if Santa is not real
$Nasdaq Composite Index(.IXIC.US$ the market has fallen in two of the previous four years. Moreover, if there is no rally, it can be a sign of a bear market in the future. According to Barron's, in the final weeks of 1999 and 2007, stock prices rose rapidly, but only to be followed by bear markets. The promise of Santa Claus rallies or January effects are not a sure thing, but it is an event worth watching as we close out the year.
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