Part 2/9:
The discussion begins with the well-known concept of the Santa Claus Rally, a term used in market vernacular to describe the tendency of stocks to gain in value during the last week of December and the first two trading days of January. While many investors assume that this upward trend only occurs when the market performs exceptionally well throughout the year, new data introduced by Chief Market Strategist Cali underscores a broader seasonal behavior. Historical statistics reveal that since 1950, the probability of the S&P 500 rising in December is roughly 74%, regardless of whether the market was up 20% or more earlier in the year.