Sunday, December 15, 2013

The Week Ahead Magazine: December 15, 2013

According to the Wall Street Journal (link in this week's magazine) "...over the past 100 years...stocks endure a mid-December dip most years. Stocks tend to rise at the start of the month, pull back in the middle and bounce at the end. Then they keep rising at the start of January. Charts show this happening on average over the past 100 years, 50 years, 20 years and 10 years. The late-December recovery is so common it has a Wall Street nickname: the Santa Claus rally." With two weeks of trading remaining in the year investors will witness whether a Santa Claus rally indeed develops. Several article links in this week's magazine highlight the Santa Claus rally phenomenon as well as links to a few strategists' 2014 forecast.

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