Stocks fell on Thursday, further dampening investor hopes for a Santa Claus rally this year. Historically, a weak beginning to the year hasn't been a good sign for stocks.
If we assume that Mr. Claus has been collecting on his image for two centuries ... So let's round it up and say Santa is worth well over $30 million in Coca-Cola stock alone.
The Santa Claus Rally was first coined by noted stock market analyst Yale Hirsch back in 1972. It was Hirsch who first noticed the trend that the stock market tends to rise in the last five ...
The "Santa Claus Rally" is a real thing, identified in 1972 by Yale Hirsch, the founder of the Stock Trader's Almanac. As Ryan Detrick of Carson Group explains, "One of the little-known facts ...
In fact, Yale Hirsch, founder of the Stock Trader's Almanac ... Image source: Getty Images. From 1993 to 2023, the Santa Claus rally accurately predicted the direction of the S&P 500 the following ...