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Analyst says 'forget Santa,' this year
Yahoo Finance· 2025-12-23 17:58
This week, investors and little kids are wondering the same thing: Is Santa Claus really coming? The “Santa Claus rally” is a technical indicator coined by Yale Hirsch in 1972, five years after he created the first edition of the Stock Trader’s Almanac. It covers the last five trading days of the year and the first two of the new year. Hirsch’s line: “If Santa Claus should fail to call, bears may come to Broad and Wall.” (That’s the intersection in lower Manhattan where the New York Stock Exchange is lo ...