1. S&P 500 historically rises 75.79% of time during Santa Claus rally. 2. Average gain of 1.7% noted during the rally period. 3. Illumina and Caterpillar are top stocks benefiting in December. 4. Santa Rally's strongest year saw an 8% increase in 1991. 5. Past trends show consistent seasonal effects, but not guaranteed.
FAQ
Why Bullish?
Historically, the Santa Rally has shown strong performance, raising market optimism significantly. For instance, the S&P 500's consistent gains during this period suggest positive momentum.
How important is it?
Given the significant historical data supporting Santa Rally trends, there’s a strong likelihood of S&P 500 gains this holiday season.
Why Short Term?
The effects of the Santa Rally typically manifest within a few weeks. Historical data supports quick rebounds after lows during this timeframe.