November Wrap-Up: Will December Bring a Santa Rally?
@Tiger_comments:
As of Thanksgiving, $.SPX(.SPX)$ has risen 5.14% this month, with a year-to-date (YTD) gain of 25%. $.IXIC(.IXIC)$ is up over 27%. This has truly been "the best month" – did you earn money?After significant gains, will Santa rally arrive?Strong November momentum is said to likely carry into December. According to the Almanac, December is historically the third-best month for major averages. During presidential election years, however, it becomes the second-best month for the Dow and the S&P 500.In the final month, should you take profits or stay bullish for 2025?With the market hitting new highs, multiple Wall Street firms have raised their 2025 targets for U.S. equities. Most major institutions pred