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Santa Claus Rally incoming: How to seize the chance?
After the quadruple witching day on Friday Dec 17, the U.S. stock markets experienced continuous pullbacks, with the S&P 500 index dropp もっと見る
After the quadruple witching day on Friday Dec 17, the U.S. stock markets experienced continuous pullbacks, with the S&P 500 index dropping 3% in three trading days. However, the market may be getting ready for the 「Santa Claus Rally」, which means an expected increase in stock market returns at the end of the year.
According to CFRA data, since 1945, the S&P index rose an average of 1.2% in the last five days of December and the first two days of January.
Do you believe in Santa Claus Rally? Is it just a coincidence or a common sense? Do you think now is a good time to buy? Leave your comment before Dec 24 to win 88 points (at least 30 words to qualify).
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