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So will we see a Santa Claus Rally at the end of the year?
FORBES: 5 ETFs and Stocks for a 'Santa Claus Rally'
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Wall Street believes its dream of a Santa Claus rally will surely come to pass.
FORBES: All I Want for Christmas Is A Santa Claus Rally
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No one is very certain about what drives a Santa Claus rally, but there are numerous explanations: tax considerations, sentiment on Wall Street, putting Christmas bonuses into the market, or simply the absence of the pessimists, thought to be on vacation.
FORBES: Will European Grinches Bag the Santa Claus Rally?
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With that in mind, here are several stocks and strategies for a 2011 Santa Claus Rally.
FORBES: 5 ETFs and Stocks for a 'Santa Claus Rally'
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"This is another negative indication on top of the missing Santa Claus Rally, a down First Five Days and the Dow closing below its December closing low on January 21 triggering the December Low Indicator, " says Hirsh, who adds that the market is completing a two-year bearish "three peaks and a domed house" pattern coined by technical analyst George Lindsay.
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The Santa Claus rally now shows a rise of 5.5% since November 16.
FORBES: Five Exchange-Traded Funds Lagging The Santa Claus Rally
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The Santa Claus rally slowed to a gain of 5.9%.
FORBES: Five Exchange-Traded Funds Lagging The Santa Claus Rally
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The Santa Claus rally is now a gain of 5.6%.
FORBES: Five Exchange-Traded Funds Lagging The Santa Claus Rally
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History has shown that stocks rise in the days leading up to the holiday, a phenomenon known as the Santa Claus Rally.
FORBES: Will European Grinches Bag the Santa Claus Rally?
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Here are a few that should work for that Santa Claus rally.
FORBES: 5 ETFs and Stocks for a 'Santa Claus Rally'