The Santa Rally is coming? The odds of stocks rising are nearly 80 percent

Value Never Liejoined discussion12/27/2021 16:12

Over the past 70 years, the S&P 500 was highly likely to rise during the last five trading days of each year and the first two trading days of the next year, what Wall Street calls the 'Santa rally.' This year's "Santa rally" begins tonight.

The Santa Rally is coming? The odds of stocks rising are nearly 80 percent

$S&P 500 index(.SPX.US)$ is highly likely to rise.

Historically, from December 21 to January 2, $S&P 500 index(.SPX.US)$ had a greater than 50% chance of rising every day.

A typically strong seven-day period for the $S&P 500 index(.SPX.US)$ also tends to bode well for The market in January and the following year.

When Santa Doesn't appear, the odds of a bad omen for U.S. stocks are higher.

Will this year's "Santa rally" come as expected?

$Dow Jones Industrial Average(.DJI.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Tencent(TCEHY.US)$ $Alibaba(BABA.US)$ $Apple(AAPL.US)$ $Tesla(TSLA.US)$ $Microsoft(MSFT.US)$ $Meta Platforms(FB.US)$ $Netflix(NFLX.US)$ $Berkshire Hathaway-A(BRK.A.US)$ $Advanced Micro Devices(AMD.US)$

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