ALL-TIME HIGHS! At least in Dow, Nasdaq and S&P Futures. Thanks Santa!
But how much value does Santa really bring to the stock market after his rally? Well, according to the Stock Trader’s Almanac, the S&P 500 has a high historical probability of posting an average gain of 1.3% in the last five trading days of the year and the first two trading days of the new year (The Santa Claus Rally).