Submitted by Mental_Badger_2762 t3_zzpgnm in wallstreetbets
We still have a couple of trading days to go before we're able to determine if the end of the 2022 Santa Claus Rally will finish in positive territory.
- Santa Claus Rally average from 1970 to 2021 is 1.29%.
- Santa Claus Rally 10 year moving average, not including 2022, currently sitting at 0.7%.
- S&P500 annual average from 1970 to 2022 is 8.96%.
- S&P500 10 year moving average including 2022 is 11.8%.
Interesting to note the Santa Claus Rally accounts for only 3% of trading days for the year however, it's returns account for over 14% of the S&P500's average annual return. Which means on average we're around 5 times more likely to make a profit 'going long' during this period than any other time of the year.
In a few days I will post an updated chart including the end of the 2022 Santa Claus Rally.
Happy new year everyone :)
sinncab6 t1_j2cx2dm wrote
TIL the NYSE is open on weekends apparently once per year.