Since 1929, the Dow and the S&P 500 tend to book their biggest gains of the year in late December. Last year’s “Santa Claus” rally was so-so, with average gains of less than 1%. Not exactly coal in the stocking, but not what was on investors’ lists, either.
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Why the 2013 Santa Claus Rally Will Be the Best in Years
But 2013 is shaping up to be the best late-year surge in years…