With the official holiday trading period set to begin Wednesday, Detrick notes that while failed rallies are a concern, the market’s recent resilience suggests “Santa” hasn’t abandoned Wall Street yet ...
The “Santa Claus rally” period from Dec. 24 through Jan. 5 has historically delivered remarkable returns for investors, averaging a 1.6% gain for the S&P 500 (SP500) since 1928. The index has also ...