FYI: Stocks in midst of strongest 7-day period since 1950.
Expecting a “Santa Claus” stock market rally in a year which has already provided a 20% gain feels just a little greedy.
Yet, that’s still the most likely outcome, analysts said, though it’s never guaranteed.
Also known as the “December Effect”, the Santa rally refers to the market’s tendency to rise in the last five trading days of the year and the first two days of the new year. That means it officially began Friday on a rather indifferent note.
Merry Christmas,
Ted
https://www.marketwatch.com/story/will-a-santa-rally-give-a-robust-stock-market-an-added-lift-2017-12-23/print
