To The Moon

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Year-end rally that catapulted the Dow Jones Industrial Average and Nasdaq 100 to record highs earlier this week is likely to extend into next week. This is because the stock market has a strong tendency to rise during: The last 5 trading days of the year. The first two trading days of the new year. This is commonly referred to as the Santa Claus rally. The phenomenon was discovered in 1972 by Yale Hirsch, creator of the "Stock Trader's Almanac". When is Santa Claus rally in 2023 ? This year, the Santa Claus trading window begins on 22 Dec 2023 and ends on 03 Jan 2024. What history says about Santa rally? According to historical data dating back to 1950, the $S&P 500(.SPX)$: Posted an average return of 1.3%. Is positive 79% of the time dur