FYI: As 2017 winds down, we still have one of the most well-known trading axioms left—“The Santa Claus Rally.” This is also known as the “December Effect,” first noted by Yale Hirsh in his Stock Trader’s Almanac in 1972. But here’s the catch: The Santa Claus Rally isn’t talking about the entire month of December as many think, it is only the last five trading days of the year and the first two trading days of the following year. In other words, this starts tomorrow!
Merry Christmas,
Ted
https://lplresearch.com/2017/12/21/here-comes-santa/
