Santa Claus rally: Difference between revisions
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==External links== |
==External links== |
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* [http://asxiq.com/blog/santa-claus-rally-backtesting-results-on-all-ords Blog - Santa claus rally backtesting results on all ords] |
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* [http://bestbrokerdeals.com/2014/12/11/hoping-for-a-santarally/ Santa Rally Return Statistics for the S&P] |
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Revision as of 21:47, 13 December 2014
 | This article needs additional citations for verification. (October 2013) |
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. The rally is generally attributed to anticipation of the January effect, 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. Another reason for the rally may be fund managers "window dressing" their holdings with stocks that have performed well.
The Santa Claus rally is also known as the "December Effect" and was first recorded by Yale Hirsch in his Stock Traders Almanac in 1972.[1]
See also
- Calendar effect
- Financial market efficiency
- Sell in May and go away
References
- ^ Matt Nesto (December 18, 2012). "The Santa Claus Rally: It's Not Make Believe".
External links
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