"December’s first trading day has been bearish for S&P
500 and Russell 1000 over the last 21 years. A modest rally through
the fifth or sixth trading day also has fizzled going into
mid-month. It is around this point that holiday cheer tends to kick
in and propel the indexes higher with a pause near month-end.
Small caps tend to start to outperform larger caps near the
middle of the month (early January Effect, 2023 Almanac pages 112
&114). The January Effect is not to be confused with the
January Barometer (2023 Almanac page 18), which states as the
S&P 500 goes in January, so goes the year.
The “Santa Claus Rally” begins on the open on December 23 and
lasts until the second trading day of 2023. Average S&P 500
gains over this seven trading-day range since 1969 are a
respectable 1.3%. "
Jeff Hirsch December trading
Posted by frtaylor on 30th of Nov 2022 at 08:46 am
Jeff Hirsch December trading
There's a nice graph of performance by index during December.
"December’s first trading day has been bearish for S&P 500 and Russell 1000 over the last 21 years. A modest rally through the fifth or sixth trading day also has fizzled going into mid-month. It is around this point that holiday cheer tends to kick in and propel the indexes higher with a pause near month-end.
Small caps tend to start to outperform larger caps near the middle of the month (early January Effect, 2023 Almanac pages 112 &114). The January Effect is not to be confused with the January Barometer (2023 Almanac page 18), which states as the S&P 500 goes in January, so goes the year.
The “Santa Claus Rally” begins on the open on December 23 and lasts until the second trading day of 2023. Average S&P 500 gains over this seven trading-day range since 1969 are a respectable 1.3%. "
linkedin.com
Jeffrey Hirsch on LinkedIn: Typical December Seasonal Pattern Begins Dull Pops Mid-Month
#SantaClausRally #JanuaryEffect #JanuaryBarometer #smallcapstocks #smallcap #smallcaps #Yearend #Rally #December #Seasonality #Stock #Market