Many people thinks that the Santa Claus rally is a result of people buying stocks in anticipation of the rise in prices during the month of January, known as the January effect, usually occurs in the week between Christmas and New Year’s Day.
There are numerous explanations for the Santa Claus Rally phenomenon, including tax considerations, happiness [...]

Popularity: 36% [?]

On Tuesday, U.S. stocks traded lower after a 936-point Dow rally on Monday which was the best stock market day in 75 years as cheer over the government’s plan to invest billions in banks. International effort to thaw the credit freeze may have given the markets a temporary jolt of confidence but worries over the [...]

Popularity: 62% [?]

On Friday, Oct 10 2008, U.S. stocks fell the eighth straight day, its longest-losing streak since 2002. The Dow Jones Industrial Average recorded the biggest intraday point swing ever in history in a whipsaw session of a 1000 point swing. The S&P 500’s eight-day losing streak is the longest since 1996.
As fears escalated that the [...]

Popularity: 53% [?]