Christmas is over. Many Americans will soon take down their Christmas trees, mistletoe, and lights. However, Santa Claus may stick around – at least for the stock market. What might a Santa Claus ...
As of market close on Dec. 24, the markets had notched a straight week of gains. Headlines were hyping a "Santa Claus rally," and analysts were getting ready to bust out the milk and cookies early.
I'm referring to a Santa Claus rally. With this phenomenon, stocks tend to rise during the last five trading days in December and maintain momentum at least through the first two trading days in ...