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12-27-2018, 02:01 PM
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Sage
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Join Date: May 2013
Location: South of 466a, if you don't like me.......I live in Orlando.
Posts: 11,554
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Thanked 9,753 Times in 3,629 Posts
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Quote:
Originally Posted by Kenswing
Santa Claus rally - Wikipedia
A Santa Claus rally is a rise in stock prices in the month of December, generally seen over the final week of trading prior to the new year.[1][2] It is a type of calendar effect.[citation needed]
There is no generally accepted explanation for the phenomenon.[1] The rally is sometimes attributed to increased investor purchases in anticipation of the January effect,[1] an injection of additional funds into the market, and to additional trades which must, for accounting and tax reasons, be completed by the end of the year.[1][2] Other reasons for the rally may be fund managers "window dressing" their holdings with stocks that have performed well,[citation needed] and the domination of the market by less prudent retail traders as bigger institutional investors leave for December vacations.[1]
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