Tag: Santa Claus Rally
Santa Claus Rally? Don’t Bet On It…
Stocks soared last week to their biggest weekly gain since the autumn of 2008. The Dow Jones Industrials closed at 12,019 for a sensational 7% rise. It was the second biggest weekly point gain in the long, storied history of the index. The other major measures of US stock prices also put in big gains […]
Santa Claus Rally: You’re Crazy Not To Invest In This Market
On the last day of November I said, “Bullish investor sentiment could send this market into overdrive.” Since then, the large-cap S&P 500 is up 3.5%. Even more impressively, mid-cap stocks are up 4.5% and small-cap stocks are up almost 5%! Clearly the “Santa Claus Rally” has come early this year. In fact, one underappreciated […]
