The stock market's Santa Claus rally is just getting started — and tech stocks are your best bet for the near term

Markets insider2021-12-28

The Santa Claus rally has just gotten underway and should last through Jan. 4, according to Doug Ramsey, the chief investment officer at the Leuthold Group. Ramsey says that, since 2000, the rally has...

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Comments

Roykhor77
2021-12-28
Roykhor77
Nice
Hayleyxn
2021-12-28
Hayleyxn
Ok
Wanlin927
2021-12-28
Wanlin927
Ok
Jinkachu
2021-12-28
Jinkachu
Like and share
- Blueman13:
  done
wallflowere
2021-12-28
wallflowere
Like pls
- Leo_T:
  Ok
lamboandro
2021-12-28
lamboandro
Never knew this was a thing

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The period has historically spanned the last five trading days of a given year, as well as the first two of the new year.\nSince 2000, the S&P 500's gain over the period has been 0.96%, far outpacing the normal seven-day average of 0.19%. And the Santa Claus rally has shown remarkable durability even after being labeled a trend in 1972, posting an average gain of 1.26% over the period, Ramsey found.\nFor investors looking to get a little more juice out of the Santa Claus rally, Ramsey recommended betting on the tech-heavy Nasdaq. 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