Santa’s Wheel House!

December 26, 2008 by John Schloegel  
Filed under Commentary, Investing 101

The official time period of the so-called “Santa Claus Rally” phenomena is the last 5 trading days of the year and the first two days of the new year.  That means we are presently in Santa’s wheel house, as the S&P 500 is +1% or so over the past two days.   Kowabunga!!  Wall St Journal’s market beat blog had a nice piece about this event the other day.  Click here for the direct link.

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