Is Santa Coming Still Or Has He Already Been Here?
Each year, as we come closer and closer to the close of it, investors believe in the Santa Claus Rally. A santa claus rally is a surge in the price of stocks that often occurs in the week between Christmas and New Year's Day. There are numerous explanations for the Santa Claus Rally phenomenon, including tax considerations, happiness around Wall Street, people investing their Christmas bonuses and the fact that the pessimists are usually on vacation this week. Also known [...]