Santa Claus Rally period, Day 6 of 7
Jan. 3, 2012 ... Today was Day #6 of the Santa Claus Rally period. Just one more more day to go.
SP 500 ETF proxy: SPY
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Day 1, 12/23..: +0.89%
Day 2, 12/27..: +0.08%
Day 3, 12/28..: (-1.31%)
Day 4, 12/29..: +1.03%
Day 5, 12/30..: (-0.49%)
Day 6, Jan. 3..: +1.59%
Day 7, Jan. 4..:
Thru Day #6, we're at a cumulative (compounded) return of +1.77%. The full 7-day average return, from 1969 thru 2009, is +1.6%. Returns have been positive about 75% of the time.
Stay tuned for tomorrow's final contribution of the current 7-day period.
Gene
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