- the source for market opinions


December 16, 2023 | Tech Talk for Saturday December 16th 2023

Donald Vialoux is author of the free blog Tech Talk, a daily investment report available during the past 20 years at Comments focus on the seasonal and technical outlook for equity indices, commodities and sectors. Mr. Vialoux has 53 years of experience in the investment industry and is a past president of the Canadian Society of Technical Analysts (CSTA).

The Bottom Line

North American equity indices are entering their strongest period of seasonal strength in the year. According to “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%.

Download (PDF, 237KB)

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the Weekly Recap.

December 16th, 2023

Posted In: Tech Talk

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site


This site uses Akismet to reduce spam. Learn how your comment data is processed.