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Get ready for Santa Claus Rally: Will the market reach new highs?
As of November, the $S&P 500 Index (.SPX.US)$ has once again set a new record high, up 26.74% YTD. And it may be hitting the biggest annual もっと見る
As of November, the $S&P 500 Index (.SPX.US)$ has once again set a new record high, up 26.74% YTD. And it may be hitting the biggest annual gain since the millennium.
Historically, seven trading days after Christmas each year, that is, five trading days by the end of the year, as well as the first two trading days of the new year, investors tend to go long, the probability of stocks rose, the seven-day market is known as the “Santa Claus Rally”. Data show that in the past 70 years, the S&P 500 has an 80% chance of moving higher in these seven trading days. Other indexes like Russell 2000, Nasdaq Composite and Dow Jones are also more likely to go up.
🎙️Discussion
1. Which stocks or industries will you focus on in December?
2. What strategy will you adopt to navigate the Santa Claus Rally?
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