When it comes to holiday season investment lore, the Santa Claus Rally is as legendary to retail shareholders as the name behind it. The Santa Claus Rally describes the week before Christmas when stocks have historically risen.
There is historic precedence for the yuletide bump. The S&P 500 has gained, on average, 1.3% during the five days leading up to Christmas and the first two trading days of the New Year. During these seven trading days, stock prices have historically risen 76....