brokers: Their behavior has taken on particular urgency this year, since the remarkable post-election Trump rally appears to have gotten ahead of itself, according to Market Watch. These brokers and analysts are just like the retailers who shamelessly roll out their Christmas decorations as early as Halloween. Every year as Thanksgiving approaches, brokers and analysts begin referring to an imminent Santa Claus Rally as a reason to be bullish. That because there is no statistical basis for believing in a Santa Claus Rally in November or December. Caption outside of wrapper for normal article images To be sure, brokers and analysts are rarely fazed by the absence of a strong statistical foundation, so it shouldn t be a surprise that belief in the Santa Claus Rally persists. In fact, the only seasonal year-end strength that does enjoy statistical support doesn t kick in until after Christmas.
(news.financializer.com). As
reported in the news.
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