Will We See a Santa Claus Rally 🎄🎅🎅 for 2018? I Say NO!

Описание: Will 2018 See A Santa Claus Rally...I say NO!

Will there be a Santa Claus Rally for 2018 or is Santa going to skip Wall Street this holiday season?

First, what is a Santa Claus Rally you ask? As the 2019 Stock Trader’s Almanac notes, old St. Nick “...tends to come to Wall Street nearly every year, bringing a short, sweet, respectable rally within the last five days of the year and the first two in January.”

And according to the Almanac, no visit from Santa often precedes bear markets.

So, we look at the technicals, earnings, and treasuries and you decide whether or not Santa will be delivering presents or coal this holiday season.

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