Equity strength at this time of the year is widely known as the Santa Claus Rally, but the term is somewhat misunderstood. Discovered in 1972 by Yale Hirsch, creator of the Stock Trader’s Almanac (carried on now by his son Jeff Hirsch), the real Santa Claus Rally is the final five trading days of the year and first two trading days of the following year, not just December. In other words, the official Santa Claus Rally is set to begin Thursday, December 24.
Charts mentioned in the podcast:
1. Second half of December: https://i1.wp.com/lplresearch.com/wp-content/uploads/2020/12/Blog-chart-12.23.20.png?ssl=1
2. Performance during Santa Rally: https://i1.wp.com/lplresearch.com/wp-content/uploads/2020/12/Blog-chart-2-12.23.20.png?ssl=1
3. Santa Rally and the future: https://i1.wp.com/lplresearch.com/wp-content/uploads/2020/12/blog-chart-3-12.23.20.jpg?ssl=1
4. If Santa fails to call: https://i1.wp.com/lplresearch.com/wp-content/uploads/2020/12/12.23.20-Blog-Chart-4.png?ssl=1
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Cold Funk - Funkorama by Kevin MacLeod is licensed under a Creative Commons Attribution license. Source. Tracking ID:
