A Santa Claus rally is a very specific event: the tendency for the market to rise in the last five trading days of the year and first two of the new year, for an average gain of 1.3% in the S&P since 1950, according to the Stock Trader's Almanac.
from Trader Talk with Bob Pisani https://cnb.cx/2A7iQy4
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Wikipedia article of the day for September 2, 2020
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