Directional Wealth Management Company Overview

 

 

 

 

From the desk of Jim McCarthy, CFP®, ChFC®

December 2018 Monthly Outlook - Santa Claus Rally?

What is a Santa Claus rally?   A Santa Claus rally describes sustained increases in the stock market that occur in the last week of December through the first two trading days in January. Source: Investopedia.  "Since 1969, the Santa Claus rally has yielded positive returns in 35 of the past 48 holiday seasons – the last five trading days of the year and the first two trading days after New Year's. “  source: Stock Trading Almanac.  However, the stock market has declined during this period in 2 of the last 3 years.

 

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