Up, up, up
What a season, guys! The „Trump Pump“ Rallye is in full throttle already and if you‘re invested its a great time these days. The S&P is up +1.2% within the last four weeks and many stocks like Tesla, Microsoft, Alphabet, Amazon or Apple are up much more. In addition we see Bitcoin climbing as well. But there‘s probably more to come…
What is the Santa Claus Rally?
The Santa Claus Rallye is used to describe the tendency for the stock market to rise in the last five trading days of the current calendar year and the first two trading days of the new year. The average returns for the S&P 500 over the period have been +1.3%.
So after the Trump Pump follows this year - most probably - a nice Santa Clause Rallye. Are you prepared?
