'The Santa Claus rally is real': Why the stock market has a good chance of hitting record highs next week
The Santa Claus rally phenomenon was discovered in 1972 by Yale Hirsch, creator of the Stock Trader's Almanac.
Source: yahoo.com
Page 47 - Carson Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Carson Group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Carson Group Today - Breaking & Trending Today
Stock Market Eyes Record Highs In Coming Week, Says Analyst: 'Santa Claus Rally Is Real'
When stock market data dating back to 1928 is considered, the average gain during the Santa Claus trading window strengthens to 1.6%.
Source: benzinga.com
Santa Claus rally period starts on Friday with an average gain of about 1% the next 7 trading days
Friday is the official start of the Santa Claus rally.
Source: cnbc.com
Stock Market Enthusiasm Turns 'Excessive' Amid Rally to Record Highs
"In any event, bullishness has gotten a bit excessive of late," market veteran Ed Yardeni said in a note to clients on Wednesday.
Source: businessinsider.com
Is The Santa Rally Over? What It Means For Stocks In 2024 - Alphabet (NASDAQ:GOOGL)
Ryan Detrick of The Carson Group compared the pullback to an absence of Santa Claus rallies and subsequent losses in the years 2000 and 2008.
Source: benzinga.com