H&W in the Media

Advisor Intelligence: Will Santa Claus (Rally) Come To Town In 2013?



The technical anomaly popularly called the “Santa Claus Rally” describes the abnormal positive returns the market experiences in the last month of the calendar year. Logic would suggest that the optimistic behavior of market participants due to the holidays, combined with higher sales during the busiest shopping season of the year, justify the movement in stock prices, but shouldn’t this seasonality be priced into the market already?

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