ChartPros Market Insights
Unveiling the Santa Claus Rally: Discover How Seasonality and Interest Rates Drive Year-End Market Gains
As the year draws to a close, investors' eyes start sparkling with anticipation for a phenomenon known as the "Santa Claus Rally". This is a compelling, historical market pattern that seems to bring the gift of favorable returns to the stock market.
But is it a reliable trend and did Santa come early this year?
Regardless of your political preferences even the perma-bears would agree that the Wall St. bulls have been large and in charge since the 2010 financial crisis.
Let's unwrap this intriguing concept, its potential causes, and its correlation with interest rates.
Santa Clause Rally...
Wow! What a difference one short year can make. Regardless of your political preferences no one can argue that the past year hasn't been one of the largest all time bull rallies in history.
On December 26, 2018 the S&P ticked at 2316.75 and since then has ripped over 870 points to the upside... YES 870+ and who knows how much higher the markets will continue this surge.
Indice Bull Targets
