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Santa Claus Rally 2014 Is Not the Real Reason Stocks Will Rise
The term "Santa Claus Rally" refers to a seasonal bump in stock prices over the last week of the year - specifically, the last five trading days of December, and the first two of January. This year it falls from Dec. 24 to Jan. 5.
The Dow has seen a Santa Claus Rally more than 77% of the time since 1896. Over that 117-year span, the Dow Jones Industrial Average has gained an average of 1.7% during that week.
The term "Santa Claus Rally" refers to a seasonal bump in stock prices over the last week of the year - specifically, the last five trading days of December, and the first two of January. This year it falls from Dec. 24 to Jan. 5.
The Dow has seen a Santa Claus Rally more than 77% of the time since 1896. Over that 117-year span, the Dow Jones Industrial Average has gained an average of 1.7% during that week.