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What is Santa Claus rally?

JT001

18-Dec-2017 11:03 AM

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      The so-called "Santa Claus rally" refers to  surge in the price of stocks that often occurs in the month of December, generally seen in last week of trading prior to new year. This also known as 'December Effect".  I was searching to find data for the last seven days December  S&P 500, PowerShares QQQ, and iShares Nasdaq Biotechnology ETF  performance, but not much information out there unless we have to pay (We are a startup with limited funds, can't do it), so, I did the next best thing is to give you entire month of December low vs high  performance in the past five years. How about that?  Maybe this year, Santa Claus will come visit our site and give us some extra funds.

***Note IBB, QQQ and SPY 2017 data based on 12/15/2017 closing price.

#IBB YTD performance +20.51%

#QQQ YTD performance +33.06%

#SPY YTD performance +19.23%

The S&P 500 (SPY) in the past five years have an average difference from low to high was 4.99%. 

   The iShares Nasdaq Biotechnology ETF (NASDAQ:IBB) in the past five year have an average of 7.28% difference from low to high. 

   The PowerShares QQQ Trust (NASDAQ:QQQ), in the past five year December  have an average from low to high at 5.11%. There are two more weeks left for the year, based on these graph, there are more room for "Santa Claus rally" to visit the U.S. Stock market. 

Have question? contact my email JT@TradersFish.com

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