Santa Claus Is Coming To Town But Will A Market Rally Follow?
By Jamin Chen:Santa Claus is coming to town, and perhaps the Santa Claus rally is not too far behind. You'd better believe it. Although the Santa Claus rally is not a sure thing, historically it has come true more often than not.Lest some of you impulsively get into the rally now, let me curb your enthusiasm and point out that you may be too late already. Like the planners for the Christmas sale events in the department stores, you have to lay out the groundwork early on, often as soon as the last rally is over. Just as the department stores do, you should have been stocking up your inventory long ago, and by now you should be in selling mode. This means keeping your eyes open year round looking for buying opportunities, such as the summer doldrums, to stock up for the year-end rally. The stock market is an aggregateComplete Story »