the traditional Santa Claus rally · Invest & Retire Community

Dec '24 (edited) • General discussion

the traditional Santa Claus rally

the traditional Santa Claus trading period will begin on Christmas Eve and run through Jan. 3.
Since 1950, the S&P 500 has gained an average of 1.29% during that Santa Claus trading stretch, ending higher 77% of the time, according to Dow Jones Market Data.
But last year, the Santa rally didn’t show up, with the S&P 500 falling 0.9% during that seven-day run leading into 2024
The U.S. stock market bounced Friday as the softer-than-forecast inflation data, but all three major equities benchmarks closed with weekly losses