25 Nov 2016 05:54
FW: Opinion:Will Santa Clause rally save the stock market's Trump rally-Mark Hulbert Market Watch
This is market commentary.It is not an invitation to buy or sell.The
information is correct at the time of writing and the opinion is that of of
the author and can change without notice.
From: Hilary Katz [mailto:earlybirdkatz@gmail.com]
Sent: Friday, November 25, 2016 6:51 AM
Subject: Opinion:Will Santa Clause rally save the stock market's Trump
rally-Mark Hulbert
Every year as Thanksgiving approaches, brokers and analysts begin referring
to an imminent Santa Claus Rally as a reason to be bullish. Their behavior
has taken on particular urgency this year, since the remarkable
post-election Trump rally appears to have gotten ahead of itself.
These brokers and analysts are just like the retailers who shamelessly roll
out their Christmas decorations as early as Halloween. That's because there
is no statistical basis for believing in a Santa Claus Rally in November or
December.
In fact, the only seasonal year-end strength that does enjoy statistical
support doesn't kick in until after Christmas.
This is market commentary.It is not an invitation to buy or sell.The
information is correct at the time of writing and the opinion is that of of
the author and can change without notice.
information is correct at the time of writing and the opinion is that of of
the author and can change without notice.
From: Hilary Katz [mailto:earlybirdkatz@gmail.com]
Sent: Friday, November 25, 2016 6:51 AM
Subject: Opinion:Will Santa Clause rally save the stock market's Trump
rally-Mark Hulbert
Every year as Thanksgiving approaches, brokers and analysts begin referring
to an imminent Santa Claus Rally as a reason to be bullish. Their behavior
has taken on particular urgency this year, since the remarkable
post-election Trump rally appears to have gotten ahead of itself.
These brokers and analysts are just like the retailers who shamelessly roll
out their Christmas decorations as early as Halloween. That's because there
is no statistical basis for believing in a Santa Claus Rally in November or
December.
In fact, the only seasonal year-end strength that does enjoy statistical
support doesn't kick in until after Christmas.
This is market commentary.It is not an invitation to buy or sell.The
information is correct at the time of writing and the opinion is that of of
the author and can change without notice.
media options
comments
There are no comments yet, be the first one to leave a comment!
leave a comment »
tags
No tags yet
info