Perhaps a 'Santa Rally' is just one step away to begin this year

Stock markets often enjoy a seasonal share boost during the festive period.

It's been an unpredictable year for stock markets after gloomy 2022 but all we are, traders, investors, TradingViewers are hoping for a successful end-of-year boost in the form of a so-called Santa rally.

Shares have delivered a mixed performance so far in 2023, amid SVB crisis, high inflation and interest rate hikes, so while children are compiling their Christmas lists, traders also want some sweet candies.

Traditionally, festive cheer and holiday household spending make the markets more optimistic during the holiday season, boosting investor portfolios.

But will 2023 follow the trend?

The "Santa rally", a term coined in 1972 by Yale Hirsch, the founder of the Stock Trader’s Almanac, "describes a tendency for the stock market to go up by 1% to 2%" over final five trading days of the outgoing year and the first two of the new one, said Forbes Advisor.
This period has "historically" shown higher stock prices in the S&P 500 SPX 79.2% of the time, says Investopedia.

What drives the Santa rally?

Reasons for the Santa rally are vary and one explanation is the cheery "end of year mood" that means investors are in more of a "buying temperament" rather than selling shares, which pushes up stock prices

Will there be a Santa rally this year?

Probably, Yes. November "capped off the best three months" for global shares since the pandemic stock market recovery in 2020, so there are a lot of hopes that stars will align, and momentum in the markets, helped by declining U.S. Treasuries rate, will push prices higher in the run-up to Christmas.

Sure, there is "no guarantee", though. Sometimes it happens. Sometimes not.

The odds of a Santa rally may be in your favor, but the "best option" (author's opinion) is to do nothing, remain invested and be "pleasantly surprised" by another strong month by the new year.

The main technical graph for SPDR S&P500 ETF Trust SPY says that we right now somewhere around 460 U.S. dollars per share (relevant to 4'600 points for SPX Index), and just one step to break it out to reach SPX 5'000 Milestone by the end of the year.

Just follow the major upside trend, that's been taken from Q4'22. And that is all.

Merry Christmas y'all, TradingViewers! See you in a Happy New 2024 Year! 💖💖

액티브 트레이드:

Dec 08, 2023

ARE YOU READY!?

액티브 트레이드:

Dec 12, 2023

The ratio between S&P500 Index Futures ES1! and Volatility Index Futures VX1! hits all time high, saying that we are at super extreme 'greed mode'.

액티브 트레이드:

Dec 13, 2023

S&P500 Index as well as SPDR S&P500 ETF Trust SPY just set new 2023 high (breaks 52-Weeks highs).

Santa Packs Are Coming..
Santa Packs Are Coming..

Watch out
Look around
Something's coming
Coming to your town

Dooh dooh dooh dooh dooh dooh dooh ...
Bada dada dada dada dada 😅

액티브 트레이드:

Dec 13, 2023

Adjusted to dividends SPDR S&P500 ETF Trust SPY , as well as S&P500 Total Return Index SPXTR just hit new historical all-time high 💖🎅

액티브 트레이드:

Dec 14, 2023

Something magic
In the night
Can't you see it
Shining bright

Dooh dooh dooh dooh dooh dooh dooh ...
Bada dada dada dada dada dada 😂

액티브 트레이드:

Dec 15, 2023

Dividends Are Coming..
Dividends Are Coming..

Dooh dooh dooh dooh dooh dooh dooh ...
Bada dada dada dada dada dada 🤑

액티브 트레이드:

Dec 19, 2023

🎅 U.S. stock market gains for 9 (NINE) consecutive days in a row since the idea was published on December 6, 2023.
🎅 No doubts, this is the longest Bullish series over many years, or even decades.. Heck, I don't know even for what period of time this is the longest upside stripe.
🎅 This publication was not elected as a Editor's Picks on Int'l version of @TradingView (I wished), but on Russian only. Anyway, as for me.. this is the greatest publication over millions.

액티브 트레이드:

Dec 22, 2023

🎅 JUST 5 TRADING SESSIONS REMAIN UNTIL 2024.
🎅 WELL, LET'S THE SANTA RALLY BEGIN!

액티브 트레이드:

Dec 26, 2023

👉 3 Days To Go

액티브 트레이드:

Dec 27, 2023

👉 Two Days Left until 2024, and SPY is just 5 percent below its five hundred dollar Rubicon.
👉 The Question is 5 percent gain - is it possible for SPY just in 2 days, or not.
👉 The Answer is Yes, it is possible. It has happened already with SPY several (eight) times over the past 5 years.

액티브 트레이드:

Dec 29, 2023

Financial markets are at the finish line in 2023.

And whatever the numbers at the “Closing bell”, on your monitors and in your portfolios, there is no doubt that 2023 year’s Santa Rally will go down in history as one of the most outstanding in many years.

The US market is rallying for the 9th consecutive week in a row - and this is the longest ever upside streak in SPX over the past 20 years, since the fourth quarter of 2003.

✨❄️🌟🎅🎊🌲💫⛄️🌠

Merry Christmas and a Happy New Year!

주문취소됨:

Jan 2, 2024

Santa's Hangover 🙄

코멘트:

Jan 19, 2024

Finally, its happened.

S&P 500 index as well as SPY just hit new historical highs.

코멘트:

Feb 9, 2024

👉 Finally, in this day SPY hit $500 mark and SPX hit 5000 points, just a day ahead of Chinese New Year.
👉 Seems Santa was Chinese-made 🤣🤣🤣