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Here’s What Causes the Santa Claus Rally

Posted 9:30 AM ET - This is a seller’s boycott and we often see this in the last trading week of the year. Asset Managers are riding the wave and they are not offering a lot of stock. With institutions on the sidelines, bullish speculators lean on seasonal strength and they drive prices higher on light volume. Wall Street gets paid based on performance and based on assets under management. When the market finishes on its high of the year, bonus checks are fat. There is a disincentive for Asset Managers to sell and I believe this explains the anomaly (Santa …



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Here’s What Causes the Santa Claus Rally

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