Stock: Stock Market and Wall

stock: Many on Wall Street believe the contrary, according to Market Watch. Perhaps the most well-known manifestation of this belief is the saying that if Santa fails to call, bears may come to Broad and Wall. The next week tells you nothing about whether the stock market will be higher or lower in 2017. The reference is to the Santa Claus Rally period that encompasses the week immediately after the stock market's Christmas break. Try as I might, however, I can't find any support for this. The intersection of Broad and Wall Streets is immediately adjacent to the New York Stock Exchange. (news.financializer.com). As reported in the news.