ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
December 16, 2023 | Tech Talk for Saturday December 16th 2023
Don Vialoux
The Bottom Line
North American equity indices are entering their strongest period of seasonal strength in the year. According to www.EquityClock.com “Santa Claus delivers a positive bias surrounding the end of the year with the traditional rally period spanning from December 15th to January 6th. The average return of the S&P 500 during the approximately three-week span that encompasses the back half of December and the first few days of January is 2.05% and it has seen positive results in 74% of periods over the past five decades” The TSX Composite Index has a similar track record. The Index has gained 85% of the past 33 periods for an average return per period of 2.00%.
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Don Vialoux December 16th, 2023
Posted In: Tech Talk