Gains in the last five trading days of December and the first two trading days of January mark a Santa Claus rally, a bullish signal for the market (^DJI, ^IXIC, ^GSPC) in the new year. The Stock Trader’s Almanac editor-in-chief Jeffrey Hirsch joins Brad Smith and Josh Lipton on Catalysts to discuss what a Santa Claus rally, or the absence of one, means for 2025 market outlooks. “It’s an important time of the year for us to take a check on the market. It’s not necessarily a trading rally. It’s really an indicator,” Hirsch says, adding that his father Yale Hirsch coined the phrase, “If Santa Claus should fail to call, Bears may come to Broad and Wall.” If there isn’t a Santa Claus rally, Hirsch says historically, it could signal a bear market, market weakness, or a flat market. Watch the video above for more on Hirsch’s 2025 market outlook. To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
#youtube #news #SantaClaus
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
source
