Santa Claus Rally

With the start of the new year, investors bid farewell to the Santa Claus Rally, as the U.S. stock market extended its weak momentum into January, logging five consecutive losing sessions, the longest negative streak since April. Just weeks before Donald Trump's second presidential term begins, a...

The absence of the traditional “Santa Claus rally” has caught the attention of financial experts. This rally, typically observed at the end of the year, has not materialized, prompting discussions among analysts. What Happened: Mark Luschini, chief investment strategist at Janney...

As the year-end approaches, concerns are mounting over the potential disruption of the traditional “Santa Claus rally” in the stock market. Lawrence G. McMillan, a seasoned trader and author, has raised alarms about what he calls the ‘Grinch pinch,’ which could impact this...

The stock market has a well-documented tendency to deliver gains during the final trading days of December, a phenomenon known as the “Santa Claus rally.” This period of optimism has historically brought cheer to investors, with the S&P 500 gaining in 64 out of the last 96 years...

Bitcoin (CRYPTO: BTC) rallied to new all-time highs above $100,000 earlier this month before pulling back. The question remains: Is the world’s largest crypto done running for a while or will the party resume this holiday season? What To Know: Bitcoin climbed to an all-time high above $108,...

Benzinga readers pick which Magnificent 7 stock could have the best performance if there is a Santa Claus rally to close 2024 and kickstart 2025. What Happened: The majority of the Magnificent 7 stocks have outperformed the S&P 500 year-to-date in 2024. With a limited number of trading days...

With a limited number of trading days left to close out the 2024 year, one last question on the mind of investors is whether there will be a Santa Claus rally. Here's a look at what Benzinga readers said in a new poll. What Happened: The term Santa Claus rally was first used by Yale Hirsch in 1972...

Michael Zinn, a senior portfolio manager at UBS Global Wealth Management, has shared his perspective on the current market dynamics as the year draws to a close. What Happened: Zinn remarked that the Santa Claus rally, which typically brings positive market momentum, is experiencing some...

U.S. stocks may face challenges in maintaining their upward momentum on Wednesday, as index futures suggest a flat start. In the absence of significant catalysts, the market might experience a lack of direction, especially given the low trading volume typical of the holiday period, which could cast...

The Santa Claus rally period is poised to continue on a positive note, with index futures pointing to a modestly higher opening on Tuesday. The market was closed on Monday for the Christmas holiday. Extended slide in bond yields, M&A news flow, and positive expectations concerning monetary...

Wall Street rebounded on Thursday, with the S&P 500 recovering from its worst day since September. The Dow gained 0.87%, the Nasdaq rose 1.26%, and the S&P 500 added 1.03%, bringing it within 1% of its closing high and 1.5% of its intraday record. What Happened: The year-end surge that...

What happened to the Santa Claus Rally? The S&P 500 index was going along nicely. It was up 14% since the end of November, supported by an increasingly dovish Federal Reserve. And then, on Wednesday, it proceeded to sink 1.4%. While the index was up by 0.6% in early trade on Thursday, nervous...

The euphoria surrounding a potential Federal Reserve pivot has propelled all risky bets higher, and the upward momentum is expected to strengthen, thanks to the typical year-end Santa Claus rally. However, the upside may not have been of high quality, rendering this year’s...

Major cryptocurrencies experienced a surge on Tuesday, following remarks made by Federal Reserve Governor Chris Waller at an event in Washington, D.C. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m. EST) Bitcoin (CRYPTO: BTC) +2.11% $37,949 Ethereum (CRYPTO: ETH) +1.34% $2,051 Dogecoin...

As the final month of the year approaches, crypto-enthusiasts are buzzing with anticipation of a potential ‘Bitcoin Santa Claus rally’, reminiscent of the price boosts witnessed in 2013 and 2017. What Happened: The term “Bitcoin Santa rally” is fast becoming a hot topic...