Despite the seasonal promise of a December recovery, the stock market action on the day before Christmas will make its mark in the record books – but there’s no merriment, no gifts to be given, except perhaps to short sellers and put option holders as the major market...
It happens every year without fail: when the holiday season approaches, stock market analysts and investors start buzzing about an upcoming “Santa Claus rally” in the hopes that stock prices will get a nice boost in the final week of the year. But with market...